Thanks Hagers, much appreciated. (Not sure why HC won't let me reply - computer error??)
Those numbers you have quoted are huge. I'm not sure if production costs are the same as thermal and the coal quality/price BB coal fetches is the same as the quoted SGX price, but you could be talking (conservatively) an additional 1.2B p/a to the bottom line? What am I missing here?
I understand there's always risk and unknowns with any investment but perhaps the market has over reacted and has under priced WHC. Time will tell, however the main risk I see are Ideological Governments that are more than capable of scoring own goals.
Agree with your sentiments re coal. Long May the King Live. Send Him Victorious. Happy and Glorious!
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