List the following 8 ASX listed companies in order of the stranded asset risk to which you expect they are exposed . Which combination of companies would you go long and which would you short in order to maximise excess risk adjusted return over the next 5 years?

To support your answer you are required to provide the following information for each company:

Major commodities mined by the company. The proportion of revenue that comes from the major commodities in the company's portfolio. Price-to-earnings ratio

Market-to-book ratio

Please note that is is not enough to simply list this information. It needs to relate to additional research you have undertaken to formulate your expectations on stranded asset risk, and your decision on the combination of assets you decide to go long or short to maximise excess risk adjusted return over the next 5 years. A good source of information is the companies annual reports.

Table 1: List of ASX mining companies

ASX Ticker Company Name

BHP BHP

WHC Whitehaven Coal

FMG FortesqueMetals Group

WDS Woodside Energy

LTR Liontown Resources

SFR Sandfire Resources

PDN Paladin Energy

NHC New Hope Corporatio