Ann: Notice of Annual General Meeting/Proxy Form/Annual Report, page-3

Can not argue with any point above .

But it tells you where "EVENTUALLY" coal will be
a long time off but make no mistake it will take a while...

But eventually the direction of coal usage is "down"
The real question. Does that make it a bad investment?

Not at all IMO.

Coal companies "WILL" and "SHOULD" offer great returns (Read - Dividends)
going forward.

In the current climate great returns will keep the share price up as you cant get 2%
on your money any where else

I'm here because the share price finally represents the proper value
don't expect any huge capital gains on this or "WHC" -

But the Dividend return should be grand for many years to come.

I suppose the question is "WILL" nearly a 10% return lock the share price
from further falls -- I'm Guessing yes

Really - DYOR