This might be good for our stockholding however this is quite unprecedented. No hydropower due to lack of rain and then substantial downpour later on in the year. We are gonna end up burning a lot more coal and not just thermal but met coal as well to power generation systems. This is already happening as Coronado met coal just made it to the power stations. This stock will go gangbusters once Acland 3 gets approved. Even with a capital outlay over 3 years starting a year from now, we will still be looking at a 4-6 year timeframe for coal being majorly required for thermal generation....Just my 2 cents... This ties in with why BHP didnt let go of MtArthur coal till 2030.
NHC Price at posting:
$4.57 Sentiment: Buy Disclosure: Held
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