Whitehaven Coal

Through M&A, Whitehaven Coal has reversed its fortunes. Despite some very favorable deal economics, the market remains skeptical. A prolonged selloff post-results offers investors an interesting entry point.» Mehr auf seekingalpha.com

Whitehaven Coal is shifting from thermal to metallurgical coal, driven by declining thermal coal demand and rising steel industry needs, prompting a BUY rating with a $5.73/share target. WHC's FY24 saw a significant production increase but declining selling prices, resulting in tighter margins and a decline in revenue. Despite a challenging coal market, WHC's strategic pivot to metallurgical coal positions it well for future growth, especially with rising steel demand in Asia and India.» Mehr auf seekingalpha.com

Britian's first coal mine in thirty years is in doubt again after a High Court ruling that planning approval given to the Whitehaven project was illegal because it did not account for potential climate damage by customers. In his judgement, Mr Justice Holgate stated: "The assumption that the proposed mine would not produce a net increase in greenhouse gas emissions, or would be a net zero mine, is legally flawed.» Mehr auf proactiveinvestors.co.uk