Its not as good as you make out as you have to add the $21/t (plus interest) onto the production (mining and processing) cost when assessing the investment. There is a good chance that it will make a good investment if coking coal prices hold up, but lower iron ore prices are currently dragging down the met coal prices. China not helping. I think long term that it is a great buy, but there could be some significant ups and downs along the way.
Ann: Acquisition of Daunia and Blackwater mines now unconditional, page-13
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Last
$7.63 |
Change
0.005(0.07%) |
Mkt cap ! $6.316B | |||
| Open | High | Low | Value | Volume |
| $7.49 | $7.65 | $7.43 | $12.94M | 1.712M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 25366 | $7.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.63 | 17400 | 37 |
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| Last trade - 13.13pm 27/06/2024 (20 minute delay) ? |
| WHC (ASX) Chart |