The answer is really quite simple. China is not opening up because they don't need coal. This is a huge loss of face for them so for whatever reason they need more coal. So it does not matter where the coal is coming from now, it is additional coal.
So there is bugger all coal mines planned in the world and one suspects that 2 years of Chinese High Grading has stuffed up their mine plans.
So it will be positive for a few years.
Target $18.72, page-3293
-
- There are more pages in this discussion • 6,515 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.61 |
Change
-0.060(0.69%) |
Mkt cap ! $7.203B | |||
| Open | High | Low | Value | Volume |
| $8.67 | $8.69 | $8.55 | $27.44M | 3.184M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 33063 | $8.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.62 | 5000 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |