This is a good point. There's to much wash capacity, ie, the pits can't produce enough coal to feed the plants and management keeps expecting them to. With the current mining practices, the pits are lucky to get 10mtpa and the plants can do 15mtpa... and management expects 15mtpa. It's borked. Wesfarmers also did a full blown rape and pillage before selling it. There's a lot of issues coming to a head at the operation right now and at some point it'll all be to much with the company collapsing....Reduce expectations to 8mtpa and it'd be fine, but, there's to many legacy positions and people to pay money to keep it running... and it's a nightmare to work out who to sack and what to cull... It'd be easier to shut it down and start again with a team of 50 people producing 500ktpa, only ramping up when certain production milestones are met.
- Forums
- ASX - By Stock
- WHC
- Czech deal for coal group Coronado abandoned
Czech deal for coal group Coronado abandoned, page-8
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WHC (ASX) to my watchlist
|
|||||
Last
$7.48 |
Change
0.150(2.05%) |
Mkt cap ! $6.257B |
Open | High | Low | Value | Volume |
$7.54 | $7.54 | $7.41 | $40.98M | 5.449M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4485 | $7.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.48 | 14075 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7330 | 7.420 |
1 | 20 | 7.410 |
6 | 10843 | 7.400 |
1 | 406 | 7.390 |
1 | 2710 | 7.370 |
Price($) | Vol. | No. |
---|---|---|
7.490 | 1267 | 1 |
7.500 | 10000 | 1 |
7.520 | 10000 | 1 |
7.530 | 300000 | 1 |
7.540 | 4710 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
WHC (ASX) Chart |