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Whitehaven Achieves Record Average Coal Price of A$445/t in FY23 — ASX:WHC| ASX Mining News & Discussion
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Lykeshares Official
$WHC Whitehaven Achieves Record Average Coal Price of A$445/t in FY23
Whitehaven Coal Limited has released its production report for the June 2023 quarter, detailing production and sales volumes, realised prices, and financial highlights. Despite operational constraints at Maules Creek and weather delays, Whitehaven achieved an average coal price of A$445/t for FY23, a record high compared to the previous high of A$325/t in FY22.

Although June quarter price realisations were lower compared to earlier periods, Whitehaven still managed to deliver a 10% premium to the gC NEWC index of US$161/t for its thermal coal. The company generated $435 million of cash from operations in the quarter and held a net cash position of $2.65 billion as at 30 June 2023.

Whitehaven returned $1.6 billion of capital to shareholders through dividends and buy-backs in FY23, maintaining a resilient balance sheet and positioning itself to continue generating strong cash flows. The company's MD and CEO, Paul Flynn, remains optimistic about the future, citing the ...
Whitehaven Achieves Record Average Coal Price of A$445/t in FY23

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?