WHC 1.21% $6.69 whitehaven coal limited

Beautifully captured. I still don't think is well...

  1. 729 Posts.
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    Beautifully captured. I still don't think is well understood.

    People by and large get the remarkable cashflow generation generated by thermal coal.

    But the fact WHC managed to trade into high-quality met coal assets with windfall profits at a great price plus vendor finance and with downside contingency payment protection is one of the great strategic executions the Australian market has seen.

 
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