Sovereign Risk - I wouldn’t worry about holding 5% of coal for domestic use - Liddell will close in April and the remaining stations won’t be operating anywhere near full capacity - what is the issue is Royalties and NA3 will pay virtually none so we are in an excellent position as it ramps up I think they will pay record dividends because they have record amounts of cash available and have the money needed to ramp up NA3 - why hold the cash - distribute it
NHC Price at posting:
$5.45 Sentiment: Buy Disclosure: Held
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