interest article in todays fin review

It put some dates and options around the potential sale of coal haulage......TODAY is the "deadline" (use that term loosely) for offers with board to discuss on Tuesday. Data room has been well attended by some big players including the Future fund and apparently Xstrata so the story goes...as well as the usual merchant bankers.....the real question raised by the article is will any of the players be interested in the 800-900mill share of the business that has been put on offer....

The article suggests that the fallback of all this is a convertible notes offer and/or that TPG will be hovering...worth a read anyway if anyone has access...unforunately I don't have a copy.....just read it in the lobby area.....sounds like a good outcome is more likely than a poor one....time will tell!