WHC 1.04% $7.62 whitehaven coal limited

Target $18.72, page-5382

  1. 11,794 Posts.
    lightbulb Created with Sketch. 1435
    None of us now for sure what will transpire. Especially the future punters.
    My view is that the supply is falling further behind demand worldwide and Australia is responsible for making supply worse.
    Indonesia is maxed out.
    India is maxed out
    China maxed out and more likely to deteriorate.
    Canada woker than Australia.
    South Africa and Mozambique are a mess and getting worse.
    Mongolia never lives up to expectations.
    Russia will come under even more restrictions.
    So my expectations are US$180 to $300 range for several years with medium price about $240.
    IMO DYOR
 
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