See the recently-released report on BCB at the link below:
https://independentresearch.com.au/wp-content/uploads/2024/01/Bowen-Coking-Coal-IIR-Research-Note-Jan-2024-1.pdf
Appendix 1 of the report (page 42) deals with WHC’s purchase of the Daunia mine from WHC. Note especially the comment on page 43:
”If Whitehaven has paid A$21/t for coal worth A$250/t it has purchased something that will truly transform the company.”
See the recently-released report on BCB at the link...
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