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MM’s updated view on Coal price and WHC/NHC please?

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    MM’s updated view on Coal price and WHC/NHC please?

    Can you please provide MM’s current view on Coal prices and WHC and NHC for the first half of 2023

    Answer

    Hi Bill,

    An easy one to start the year, we are long and bullish both NHC and WHC looking for a break of their late 2022 highs.

    We were extremely encouraged by WHC production report on Friday on Friday when they guided to another record profit moving forward, the stock popped around ~7% on the bullish news.

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