raytechie
2022-04-20

$WHITEHAVEN COAL LTD(WHC.AU)$

Whitehaven achieved a record average coal price of A$315/t for the quarter (pcp A$101/t, 1H FY22 A$204/t)

• March quarter managed run-of-mine (ROM) production of 5.2Mt up 62% on Dec qtr and down 5% on pcp, reflecteds olid operational performance improvements

• Managed sales of produced coal of 4.4Mt up 5% on pcpa and equity sales of produced coal of 3.5Mt up 3% on pcp

• After buying back $67 million of shares and paying $80 million in dividends in March, WHC is $161 million net cash at 19 April 2022

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Comments

  • ZenInv
    2022-04-20
    ZenInv
    Good job! Hang in there!
    • raytechie
      Definitely. Still trading at a undemanding valuation and a favourable coal market structure for the next 12 months!
  • AdrianTan
    2022-04-20
    AdrianTan
    Energy crunch and demand spiking seems to be giving this a tailwind
  • MonkeyHanny
    2022-04-20
    MonkeyHanny
    good read
  • TCMSG
    2022-04-30
    TCMSG
    [shy]
  • TCMSG
    2022-04-21
    TCMSG
    ok
  • Tzeleong
    2022-04-20
    Tzeleong
    Like
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