Recent cost curve analysis indicates $180 is the 90% bottom for met. Product falling out of the market at that range. Wet season has started in Queensland this week with Saraji, Peak Downs and other Dysart proximal mines getting storm cells yesterday. A good rainy season and BMA premium production is going to miss forecasts, driving prices everywhere.
. WHC still making margins on its thermal operations... so all good... especially with China tarrifs on that Russian coal being new...
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WHC Price at posting:
$7.01 Sentiment: Buy Disclosure: Held
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