binding offers for dbct

Only just noticed in the SMH on Thursday.

http://business.smh.com.au/business/brisbane-provides-a-honeypot-for-bankers-20090722-dtjz.html

"Meanwhile, Babcock & Brown Infrastructure has provided little in the way of updates on its attempt to sell all or part of the Dalrymple Bay Coal Terminal, three months to the day after it told the market the closing date for binding offers was in two to three months.

A BBI spokeswoman confirmed yesterday that it was examining binding offers, but she added that it would not sell the asset if it did not achieve the right price."

At least we know that there are binding offers to look at and choose from, would be bloody worried if there weren't, but any (full) sale of DBCT should be enough to save BBI.