WHC 0.69% $8.61 whitehaven coal limited

I was thinking of giving the waratah mine as an example, just...

  1. 6,043 Posts.
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    I was thinking of giving the waratah mine as an example, just didn't give it. The principle is the same though. Even a small operation needs to be assessed regarding the impact it will have on available workforces. The Styx project would also be a thin wedge for palmer, once he got approval there would be relationships formed which make waratah easier at the expense of other small operators.
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    I'm just guessing, but, it makes sense that the government approves smaller operators before palmer because this gives them more control over how fast the industry opens up. As much as I despise big government, sometimes they get it right.
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    This is why I also hold shares in BCB.
    .
 
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