Target $18.72, page-1856

To those fretting, I would say what is happening now is quite a repeat of this time last year. We had a steady rise from around $2 to $3 and a bit from June to the middle of August... then gangbusters up to $3.50 in middle of Oct (where I of course topped up ATH) before the SP instantly crashed down to $2 something where it yo yo'd around that range until Feb this year when it breached $3 again following what most LT SH's here knew to be the case was spelt out in black and white and made undeniable in the half yearly results and divvy. NOTE THE UPSWING AND TREND PREDATED THE RUSSIAN INVASION AND SANCTIONS (I'm f*in sick of superficial analysis that pins everything on that)

My point is the story was the same then as it is now - ESG constraints, net zero policies from Western countries, no/limited new supply/investment coming online, harsh NH winter were a perfect confluence of factors for elevated coal prices and big profits. We didn't need the SP to tell us WHC was good value and a cash machine. And we don't need it to tell us that now, even though the coal story is now recognised by every galah in the pet shop.

If you bought in recently, I can understand the fretting from the recent fall, and I know we all have our own investment goals and horizons, but get some perspective please. ASX coal miners are going to have volatile SPs, most commodity linked asx companies do, but when everyone wants your sector dead and prematurely dancing on its grave every other week, it's going to be even more so. But volitatily is where profit is made - you should welcome it.

Now STFU. (just kidding)