Hey folks,
"New legislation passed by Australia to cap greenhouse gas emissions required national coal mines to cut output by 5% per year, pressuring supply from the key exporter."
I'm wondering if anyone has other information sources to back that up. Because I'm wondering if that's true.
And if it's true, what will that mean for production?
What's the point of WHC buying coal mines from BHP when they must be forced to cut production by 5% per year?
If WHC cannot buy more mines and they're sitting on top of a pile of cash, how will they re-invest that and according to what strategy?
Perhaps maybe cost reduction like buying transportation trucks?
Is the bill definitively passed, the policies will be inevitably be applied and enforced?
What's a "national coal mine", are those mines owned by WHC, NHC, YAL?
Lastly, what'll it mean to WHC's bottom line?
Hey folks,"New legislation passed by Australia to cap greenhouse...
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