@borano
I haven't read all the above posts as I don't have time. However, it was mentioned they will use the proceeds to pay down the debt and return to a debt free posittion.. Was mentioned in a recording by the MD. I listened to it earlier in the year. Skim through the following recordings and you will find it:
- Blackwater + Daunia Acquistion: whitehavencoal.com.au/wp-content/uploads/2023/10/Whitehaven-Investor_update.mp4
- Dec 2023 quarterly: whitehavencoal.com.au/wp-content/uploads/2024/01/WHC_Dec23_Quarterly.mp3
- March 2024 quarterly: whitehavencoal.com.au/wp-content/uploads/2024/04/Whitehaven-Q3-FY24-Quarterly-Production-Results.mp3
- Half year 2024 presentation: whitehavencoal.com.au/wp-content/uploads/2024/02/Whitehaven-Coal-Limited-First-Half-FY24-Financial-Results-1.mp3
Blackwater sell down, page-42
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