Investor discussion of Whitehaven Coal Limited (ASX:WHC): reactions to drill results, financings and press releases, sentiment and price targets from the OreStocks mining-stock community.
@earlybird77 · · 1 replies
Whitehaven only works if the thermal book keeps funding the met coal build-out, but so far the cash is more than covering it and the market still prices it like pure thermal.
@moosepasture · · 0 replies
@longshot · · 0 replies
@earlybird77 · · 1 replies
Another buyback notice this week and the stock barely moved, which tells you how hated the sector is when management is buying stock back this cheap and getting no credit. The real story is the Queensland met coal they picked up changing the multiple if steel demand holds, the…
@longshot · · 1 replies
The buyback continuing at this valuation is a reasonable use of cash, theyre not overpaying for their own paper. met and thermal demand picture is still intact even with the usual climate-policy overhang that sits on every coal name. its not the exciting part of the book but…