WHC continues to shrug off average / poor operational news and follow the underlying coal price higher, the disconnect between the 2 remains firmly in play and we can see WHC punching well clear of $2 and potentially rallying towards $3 as we slowly move towards 2022. If fossil fuels weren’t so “on the nose” this would be a prime takeover target.
MM remains long and bullish WHC
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Whitehaven Coal (WHC) v Coal Price ($US/MT)
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Whitehaven Coal (WHC) v Coal Price ($US/MT)
