WHC 2.05% $7.48 whitehaven coal limited

Czech deal for coal group Coronado abandoned, page-24

  1. 24 Posts.
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    Interesting times at Curragh, the site is now broken up into 3 leases now, Curragh North, has its own SSE and is predominately Thiess, The new Mammoth Underground Bord and pillar development, again has it's own SSE, and Curragh Main - Coronado. My view is that Coronado is using the 2 northern operational areas as a price per tonne delivered to the CN ROM to send down the Overland Conveyor (OLC) to it's CHPP operations.
    Just need OLC reliability/availability to be in the 90 per cent club, and the CHPP's to wash...
    Curragh also have the capacity to run bypass coal (not processed through the CHPP) from Curragh North straight to Steam Coal Stockpile ready for loading onto trains.
    They do have 2 x TLO bins so may be able to increase railings through some smarts upgrades to the TLO.
    Have to remember that CHPP1 is about 38 years old so will need a few dollars to keep this baby running well also.
    All in my opinion only...
 
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