Hey phogg,
WICET first stage was for 27mtpa and allocated to a number of coal companies including BND, COK, SMR etc etc I'm just trying to join the dots. Xstrata has to be the last company to take up the remaining capacity of the second stage if it were to mine 30mtpa.
The left over allocation for the remaining capacity is too much for BND.
this has now been supported by WICET media release below.
http://asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01309479
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doubts on xstrata's involvement in wiggins, page-18
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