trading halt..., page-7

sorry psi81, i have to disagree with you. if there is any royalty agreement, and i doubt there will be, the most a project in the galilee can sustain would be in the 10c range at most. adani will require all the cash it can get to achieve an acceptable return on acquisition and development.. and pumping out tonnage can only get you so far. warratah, alpha plus this adani project is going to be putting out 100Mt+ of thermal when fully operational. even with india and china's appetite for energy, thats a lot of coal flooding the market.