WHC 2.36% $6.61 whitehaven coal limited

Target $18.72, page-7115

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    abc 4Corners program 23.10.23 analyses the Snowy Mark 2 disaster ie increased costs & delays (now $12b, originally $2b, won't be finished until 2028- but several experts in the abc program are pessimistic that the cost blowouts & delays have been resolved).

    A big problem was that insufficient exploratory shafts were drilled to properly understand the geology-- now discovering too much wet earth!


    Tunnel Vision: The nation-building project that went horribly wrong - ABC News

    Australia will rely on gas & thermal coal for cheap & reliable baseload power generation for a looong time!
    Last edited by Montalbano: 24/10/23
 
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