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
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