I thought their market presentation was excellent
- the estimated demand for thermal coal by a range of reputable forecasting groups is string into the long term
- WHC is a high quality producer in the sector (defensive even if demand does worsen)
- the balance sheet won’t be put at risk by too many growth projects.
I think this will get a good hearing from the funds and investors they meet with over the next few weeks to talk through the results.
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- Ann: Appendix 4D and Half Year Financial Report
Ann: Appendix 4D and Half Year Financial Report, page-170
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