considering whitehavel coal has been break even for the last 4 months, once adanis carmichael mine is complete, the first stage alone will see another 10 million tonnes of coal hit the market...
and somehow in such an environment WHC will be able to reverse $800 mil or so in net debt ?
BHP has joined the long list of entities to exit coal recently... as per this article a week ago....
https://www.copyright link/companies/mining/bhp-steers-bhp-s-future-to-copper-nickel-20200818-p55mor
A lesson to be learned, page-27
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Last
$7.26 |
Change
0.080(1.11%) |
Mkt cap ! $6.073B | |||
| Open | High | Low | Value | Volume |
| $7.18 | $7.28 | $7.17 | $32.15M | 4.447M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1895 | $7.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.26 | 11000 | 2 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| WHC (ASX) Chart |