WHC
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0.26% $7.65 whitehaven coal limited

Target $18.72, page-9319

  1. ShareJagger
    11,833 Posts.
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    29/06/24
    11:54
    Post #: 74530672
    India, China and Indonesia massively ramped up coal mined. Indonesia is really struggling to stay at current levels. China has thrown in the towel. India is facing massive opposition to mining expansion not for climate change rubbish but due to people getting tossed off their land.
    So I'm not saying supply will decrease (except China) but it is unlikely to increase.
    Australia restricting supply due to socialist government. Canada gone woke! South Africa descending into anarchy.

    So operating mines in Australia have plenty of upside in an improving World economy but little downside.
    IMO
    WHC Price at posting: $7.65 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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$7.65 		Change
0.020(0.26%) 		Mkt cap ! $6.399B
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