WHC 2.39% $5.51 whitehaven coal limited

Target $9.36, page-2527

  1. 1,366 Posts.
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    it goes only in one direction.

    I was thinking about the world where thermal coal costs $500…it’s so high that I wouldn’t expect people paying that price in direct sell as well as in indirect sell (electricity and heat from coal plant)

    We already see governments limiting the prices for customers but I guess government budget needs to cover the gap. We all know they will do that until the country is not a bankrupt (thank you silly democracy)

    That is why I think we may see the super high prices longer in free capitalistic economy…and for thermal coal being “essential” good can hold strong and metallurgical not…
 
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