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I believe the announcement is due early next month I.e. next week. With Glenn forecasting a lower aud and an improving thermal coal price a good stage is set for a sp run to be triggered by the announcement (Eis approval).

Not sure why we have seen a sp decrease in the last few days on low volumes. Today the decrease seemed across the board, though and nothing specific to bnd. WHC dropped 5% today.

Thats my 2 cents but I would also like to hear hotfires view on how bnd are looking.