Agreed Zane, I think this will be a good one over 5-10 years, assuming Bengalla goes through. I got in a bit too early at around 2.20, but I think this is a solid contrarian buy. Coal is at depressed prices and new projects are really struggling to get off the ground. A lot of mines have already had to close and there will be a lot more over the next 12 months as well as natural depletion of existing mines. A future supply/demand imbalance in the making.
NHC Price at posting:
$2.04 Sentiment: Buy Disclosure: Held
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