linc energy strengthens coal portfolio, page-10

Linc has entered into a mining services agreement,

"Under the SPA, BACJV will make a contribution to New Emerald Coal towards the current anticipated statutory site rehabilitation obligations, commencing in 2016 and ending in 2019."

But the 'real deal' hasn't been done yet.

"There is PROVISION for commercial agreements to be put in place that give New Emerald Coal access to train-loading capacity, workforce accommodation and port and rail capacity to Abbot Point. Completion of the acquisition is conditional upon finalisation of these arrangements together with the satisfaction of relevant approvals and other customary conditions."

No doubt it will be the ASXs fault if the SP rise is short lived.

Ahpigsy has the right idea, IMO.