a re rate within 6 months.
specifically with lyp/gov/alcoa JV with ECT .
END of NOVEMBER regarding carbon tax legislation approval???? 4 months.
hopefully a JV approval for local use 1 month after, so best case 5 months.
A major re rate above 10c on government backing as ALCOA contract is for more than 25 years.
1000 fold increase on today's price.
YES Bob Brown was right when he said " i think the coal industry will not go away ,if anything it will grow"
DATANG will present a further re rating as the test burn criteria is already been achieved using LYP coal.
calorific value and sulphur content limits as presented in the last update, so what is left ,that the pellet is stable in transport ?.
stronger than black coal according to university tests.
Datang just doing its obligatory due diligence.
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