also nuclear- us and europe are decommissioning phase. nuclear radiation poses risks. personally not a fan of uranium or nuclear.
coal doesnt have that political sticking point, u can make clean coal plants now.
i think this will be $6+ on confirmation of final approvals for new acland. likely that coal will come on around late 2024 as there will be a construction phase and ramp up phase, but basically even if coal retraces to $200, the ebitda profile will be still around the 1.5bil plus region for the whole group, a multiple of 3 times.
Ann: New Acland Stage 3 Update, page-57
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