much prefer to listen to the word of our management going forward than a report from the Mac boys, although as we know these guys pull large levers when determining a company's share price, I've seen worse reports on a company, overall they have a positive spin on us, their bugbear seems to be Narrabri, Paul acknowledges this in the latest numbers and points out this was due to mainly mechanical issues due to quality defects on replacement equipment (x2),this hopefully is now behind us and listening to the report the company seems very positive on Narrabri going forward, I'm with you 87' their pricing seems a bit soft however i see this as a positive come next quarter, with Narrabri back up to full speed and Blackwater and Daunia shoveling in the coin you'd expect a rerate, not just the MAC boys but by other brokerages as well...and lets not mention the blackwater selloff should that happen in the quarter as well... giddy up!
WHC Price at posting:
$7.88 Sentiment: Buy Disclosure: Held
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