They probably knew that coal approvals were needed, so, they rejected a gold mine and let it run in the media. This made them all look like whackjobs supporting a kooky old woman with dementia. In turn this makes it easier to silence the swinging members of their party who would have rejected coal last month, but, for the next few months are now happy to avoid association with kooks and approve any mining project. So while the Gold rejection is still fresh in mind, coal is much easier to get an approval. Politics...
WHC Price at posting:
$6.48 Sentiment: Buy Disclosure: Held
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