Yes, there are some synergis to be achieved in the Galilee Basin however the Alpha deposit is over 3 billion tonnes of high grade coal and a site with this much coal is a job in itself. The cost of the proposed new port and rail infrasturucutre is some $ 5 billion plus so it will be an interesting ride. If other players can commit to use the infrastruicture it will all happen sooner rather thn later. The Galilee is the new future for coal resources. Bring it on is all I can say.
LNC Price at posting:
$1.59 Sentiment: LT Buy Disclosure: Held