Its not as good as you make out as you have to add the $21/t (plus interest) onto the production (mining and processing) cost when assessing the investment. There is a good chance that it will make a good investment if coking coal prices hold up, but lower iron ore prices are currently dragging down the met coal prices. China not helping. I think long term that it is a great buy, but there could be some significant ups and downs along the way.
Ann: Acquisition of Daunia and Blackwater mines now unconditional, page-13
Add WHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.97 |
Change
0.030(0.34%) |
Mkt cap ! $7.504B | |||
| Open | High | Low | Value | Volume |
| $8.90 | $9.00 | $8.87 | $32.72M | 3.654M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7424 | $8.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.98 | 38344 | 7 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |