WHC 0.97% $8.33 whitehaven coal limited

Ann: Acquisition of Daunia and Blackwater mines announcement, page-129

  1. 5,956 Posts.
    lightbulb Created with Sketch. 977
    The people making noise are the OCEs. They're the top dog safety cops on a mine. Their position is a legal requirement for the mine to operate. Without the OCE, the mine can't operate. There's a shortage of OCEs across the industry and they get paid oodles... like $200k+ easy... probably more like 250...
    .
    I reckon that BMA will roll over and give them most of what they want and this will have minimal impact on operations... maybe it's the thin edge of a dying union wedge... but my guess is still that it won't eventuate into anything of significance.
 
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