NHC new hope corporation limited

Supply Side Shock in the Making, page-44

  1. 452 Posts.
    lightbulb Created with Sketch. 70
    Good article with two points jumping out at me .....

    1) "Banking support" is more than just debt. Banks these days provide Rehabilitation Bonds for coal mining, but how long this lasts is anyone's guess. If these bonds are withdrawn by banks, then coys will need to have cash resources available as security to cover post-operations.

    2) "Insurance" could be the next sector initiating agitation. Miners need insurance or big piles of cash in reserve.

    Both for consideration in the "Risks" column.
 
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