Share
3,125 Posts.
lightbulb Created with Sketch. 280
clock Created with Sketch. 09/01/25
19:24
Share
Originally posted by steveholt:
↑
How much debt does WHC currently have due to the MA/coal mine buyout? 2-3 Billion AUD?Coal prices falling, however we sell in USD and the AUD has been getting weaker which offsets this, more $ but I don't think it makes up for the shortfall, still profitable however. When does the new mine being producting and shipping out thermal and metalurgical coal bring in revenue?Last 18 months WHC had some insane profits which allowed them to wipe out their old debt and buy this asset, can they do it again?
Expand
The ~4% drop in AUD/USD conversion doesn't offset the ~30% recent drop in coal prices.
(20min delay)