Spot on but it is complex! My other coal share that is in Indo (previous BHP) had a poor CSR but a premium to Goonyella price due to numerous other factors including half the ash, 0.002% phosphorous. lower moisture etc. It is the ash chemistry that causes the low CSR as well as the coal being 92 to 94% vitrinite.
WHC Price at posting:
$7.69 Sentiment: Buy Disclosure: Held
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