Yaqona you are right once Tinkler was on the register with 19% it would be a strategic blocking stake.
The last thing the directors wanted is in 6 months time to be given script offer in his grand Whitehaven-Aston merger at around current levels. EOC will prove to have higher value projects by the end of CY12. Moreover, we haven't even started on our key coking coal targets - Talwood and Pretoria Hill. I find it very interesting that CLR have expectations of increasing their JORC resource to circa 500mt this year.
DDxx do you appreciate any of the above logic?
EOC Price at posting:
43.5¢ Sentiment: Buy Disclosure: Held