Wednesday, July 21, 2010

WhiteHaven : WHC :

.One reason to load up on Whitehaven: coal shakeout Macarthur is problematic to take over -- more on that later -- but there's appeal in Whitehaven as it ramps up capacity from 4 million tonnes to 11.5mt by 2013.According to Burrell Stockbrokers' Peter Wright, it's not just the coal that is of interest; Whitehaven also has loading slots at the expanding Kooragang Island facility on the Hunter River. "As the only independent with landing slots at Kooragang Island you don't need CSI to work out what might happen," he says.

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