WHC 3.71% $6.99 whitehaven coal limited

Target $9.36, page-372

  1. 85 Posts.
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    Everyone is getting confused with the different aspects. Between production, sales, purchased coal and equity portions.

    6 million is possible based on WHC own quarterly report. However they don't own all of that production. (hence shouldn't be used in calculating profit as many here do). Some production is lost in washing and prep for sale, so not all is sold. Also WHC don't own 100% of every mine. So for calculation on profit they'd need to look at equity sales.

    Also you mentioned 14m. Thats WHC's equity share. They produce more. Last year they had production of 20.6. Sales of 19.8, (2 million of that was sales of purchased coal). And around 14m was WHC equity share.

    Read the FY22 guidance from the quarterly report.
    https://whitehavencoal.com.au/wp-content/uploads/2022/04/WHC_March_2022_Quarterly_Report.pdf

    They state between 5.4-6.9. So 6million is middle of the road for that.
    https://hotcopper.com.au/data/attachments/4321/4321694-659f08e2a1bc54b9af9a5d5943f6891b.jpg


    Last edited by FrugalSage: 06/05/22
 
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