WHC 1.79% $7.98 whitehaven coal limited

Nice try quoting nuclear lobby propaganda pamphlets. Facts tend...

  1. 258 Posts.
    lightbulb Created with Sketch. 36
    Nice try quoting nuclear lobby propaganda pamphlets. Facts tend to get in a way of every nice story. Hereunder are your two shining examples in real life:

    https://en.wikipedia.org/wiki/Olkiluoto_Nuclear_Power_Plant
    Unit 3 was approved around 2000 ... construction began 2005 .... commissioned 2023 ..........

    https://en.wikipedia.org/wiki/Flamanville_Nuclear_Power_Plant
    similar story .... first concrete pour 2005.... optimistic 5 year construction schedule (dream on ) ....... first fuel loading hopefully summer 2024

    Not to forget minor irritant issues like exploding costs. Both of your examples cost at least 10x original estimates and rising. If approved TODAY cost overruns can be safely estimated at minimum 10x to likely 20x plus minimum. Major poor olde Western nuclear builders are all bankrupt or on life support today. This is not an industry you can resurrect overnight.

    Icing on the nuclear option cake is insurance and finance. No major western bank or insurer would finance or God forbid insure private or government owned nuclear plant ....... For obvious reasons, damages after Fukushima or Chernobyl are above all imaginable cost....... The only Australian option to order new safe cost controlled 1,000 MW unit in Australia are Chinese or Russians. Likely start date 10 to 12 years from order. Period.

    As a side irritant issue current plans to spend billion dollars on Australian solar panel manufacturing industry are forgetting huge MWh requirements for such manufacture. Coal fired plants are the only option of course, ask Chinese.
 
watchlist Created with Sketch. Add WHC (ASX) to my watchlist
(20min delay)
Last
$7.98
Change
0.140(1.79%)
Mkt cap ! $6.676B
Open High Low Value Volume
$7.88 $8.00 $7.82 $25.93M 3.268M

Buyers (Bids)

No. Vol. Price($)
1 2345 $7.98
 

Sellers (Offers)

Price($) Vol. No.
$7.99 3629 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$7.98
  Change
0.140 ( 1.59 %)
Open High Low Volume
$7.89 $8.00 $7.82 1002222
Last updated 15.59pm 03/05/2024 ?
WHC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.