WHC 6.93% $7.12 whitehaven coal limited

Target $18.72, page-1062

  1. 6,136 Posts.
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    Wet weather is built into the forecasts.

    If it doesn't rain, then we beat forecast production numbers.
    If it rains a week and a half, then we hit production forecasts.
    If it rains for two weeks straight, then we miss production forecasts by a small amount.
    If it rains for a month, then we miss production forecasts by about a 25%

    Long term, rain is built into the mining sequence so that production can continue with some certainty.
    While the current rain event will most certainly impact production, it won't have any serious impacts to production numbers moving forward.

    Hold onto your shares. The big boys are going to try and tree shake before the buy back starts. Don't give your shares away.

 
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