WHC 2.28% $7.09 whitehaven coal limited

Blackwater sell down, page-15

  1. 311 Posts.
    lightbulb Created with Sketch. 55
    Fundamentally they want to clear debt. BB and acquisitions seemingly on hold until they do.
    Do they keep the debt facility open ? maybe but loans for met coals a different category to restrictions on thermal.
    But they want to clear debt before anything else apart from thermal (prob 20% NPAT) dividends.

    Capex a small factor in all this
 
watchlist Created with Sketch. Add WHC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.