Exactly. It really doesn't matter if it 1.5b or 1.7b or 2b...
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Everyone herehere seems to have forgotten that these long term operations are experiencing profit margins that are unprecedented over the last decade across all sectors of the market... and these margins are going to remain high over the next few years even while the coal price falls back towards $200/t.
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Lets face facts. Most mines have extraction costs around $100/t with marginal mines being around $150/t. That's a lot of profit and room to absorb input cost changes from diesel... and where does our little NHC sit on that extraction cost curve?
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Regardless of any daily changes to the 6000 coal price, this stock remains undervalued from a long term perspective.
NHC Price at posting:
$6.22 Sentiment: Buy Disclosure: Held
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