Yep. And it was Goldman Sachs who predicted in May 2014 that "the window for profitable capital spending in new thermal coal mining and infrastructure capacity has closed." Quoting from an article in May 29 2014:In a study published last week, the bank analysts said that with Chinese demand for imported coal past its peak, demand for seaborne thermal coal will grow a mere 2% a year on average to 2018. This, they added, will leave coal prices too weak to generate profitable investment from new mines and infrastructure.
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Last
$3.72 |
Change
-0.020(0.53%) |
Mkt cap ! $3.144B | |||
| Open | High | Low | Value | Volume |
| $3.75 | $3.79 | $3.71 | $9.411M | 2.519M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12000 | $3.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.73 | 20000 | 1 |
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| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| NHC (ASX) Chart |