WHC 2.38% $7.75 whitehaven coal limited

Downside?, page-7

  1. 5,906 Posts.
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    NSW government will steal the company from us via taxation/royalties.
    This is the greatest risk we face.

    The long term price now has a significantly higher low.
    Tohoku 12 month forward contracts were recently set at US$200.
    I see this as more of a roof right now and expect spot to bottom around $150-170.
    Some people with more insight than me have used $125 as their lowest low going forward... I just can't see it that low for our 6000kcal.

 
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