Can't see anything happening until albonese gets back and this polictical bs is cleared up. Also if numnut in qld can pick up the ph and tell NA3 to start digging. Others would have much better opinions of the domestic and global markets NA3 can supply,but i can't see anyone rushing back to russia even if they pulled out of Ukraine today. I just look at the simple stuff,japan building 8 new coal power stations total approx 200,germany reopening 21 coal power stations (whats happening in Indian and should pressure b put on India to use some clean Australian coal?) etc The following i'm ready to stand corrected on because i'm relying on my memory but in a AFR article Robert Millner chairman of soul patterson suggested a $300 price range next couple of years and that if only clean quality Australian coal was used to supply global demand coal emissions would drop 25% to 30%.He made other imo interesting comments I'm no marketing expert but if NHC wants to make clear this govt is stupid and pathetic ideologists they would state above facts including the wind fall Australian govts are currently making, In a previous post i did state the AFR headline where these comments were made. The coal sector really needs to go on the offensive because they have plenty of ammunition to confirm these current front benchers are fools.imo only.
NHC Price at posting:
$5.36 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)