WHC whitehaven coal limited

@Hope333,I have to disagree with you with regard to WHC...

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    @Hope333,
    I have to disagree with you with regard to WHC quarterly report being fantastic. Sure, they had a lot of coking coal stockpile from the June quarter but some of the sales made in the June quarter as well as rhe Sep quarter would be tied into the spot prices. This would be most likely on a quarterly basis. Unfortunately, the last quarter coking coal prices have fallen off a cliff whilst the June quarter was relatively stable. It remains to be seen (25 October) what realised price coking coal prices for WHC were achieved for the quarter. It won’t be the same as the previous quarter. I’m guessing it will be materially lower.
    in saying that, thermal coal sales should be better in the September quarter compared to the June quarter.

    Last edited by borano: 17/10/24
 
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