Coal price doesn't have to push higher - if it does, then that's a bonus.
Even if Coal prices remain at $80 USD/t ($13 USD/t discount to spot) WHC would still making good money. I agree RE; the Dividends may be tempered whilst the company reduces debt, and rightfully so.
But honestly the capital gains and 12 mth CGT reduction are too tempting to pass up.
Got to step back to see the forrest from the trees. Macro is still favourable, prices are favourable, new mines are close to impossible to finance. My outlook hasn't changed one bit.
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