Target $18.72, page-7843

1. In my post directly above, add these words to the last sentence, after "understand"
"...the value of combining Daunia with Whitehaven's adjacent underdeveloped coal project (Winchester South) first".


2. Yahoo/Bloomberg C. Argana 19.1.24 said

"Interest is very, very strong” in relation to a stake in Blackwater, Chief Executive Officer Paul Flynn told analysts Friday on a call. “We’ll think about the opportunity with Daunia at a later date.”

Metallurgical coal, used in steel production, is showing signs of strengthening and an “anticipated growing structural shortfall ” in higher quality material to supply Asia — and particularly India — will underpin prices over the longer term, the producer said...

High-calorific value thermal coal prices are likely to remain strong (all my emphases) over the long-term because of underinvestment in new supply and the depletion of existing mines, Whitehaven said.

Whitehaven Considers Sale of 20% of Coal Mine to Steel Producers (yahoo.com)