Coal prices are at alll time high and likely to continue at high for short to medium term horizon. I biggest risk from the government looking for easy money though higher royalties like QLD govt. Corporates will have very limited influence in stopping this theft as there is a perception that coal is root for all global warming and change in climate. Coaltrans conference have seen protest. A basic right to discuss technology improvements and new vistas for energy are being opposed while taking all benefits from the sector in form of economic growth, lifestyle and prosperity. As the corporation declare bumper results this call for higher tariffs will also increase. This will result in resistance to future investments in sector and continued supply constraints. DYOR
WHC Price at posting:
$6.61 Sentiment: Hold Disclosure: Held
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