is a linc share really being valued at $4.03?, page-13

Agreed AFU, breaking into the US market is the critical issue here, regardless of how they have to do it. The US has mined most of its accessible coal, but the untapped 'stranded' reserves are immense, for obvious reasons.

As an industry insider, I'm still astounded they managed to get 1.5B cash for Teresa. I don't think many people realise what a massive coup that was for Linc. It's like just snatching 1.5B out of thin air...