WHC whitehaven coal limited

Coking and Thermal coal prices...where are we going?, page-526

  1. 2,921 Posts.
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    Can anyone here give me their take on the below figures that were extracted from Dec Financials? Let's not forget, the bigger you are the bigger profits and the bigger losses when shit hits the fan. Has shit (coal prices) hit the fan yet?

    Liquidity? As at early Aril.

    $1.7b proceeds
    $1.76 loan

    No more left

    $880 cash in bank
    $430m inventories
    $400m debtors

    $1.7b

    $800m deferred pmt (paid early April)
    $363m stamp duty
    $1.05b creditors
    $650m tax payments owed

    $2.85b

    Earnings ????? for quarter. (depressed coal prices and weather interuptions)

    These are the basic stuff in balance sheet.

    @LambDownUnder OIL PRICE LOW, GAS PRICE LOW. Not good for coal.







 
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