It is now a matter for whom else wants RSP and will consequently outbid? Xstrata just bought some CEY assets and missed out on GCL , CEY is now cashed up , many other possibilities given the quality asset base. Sector up for rationalisation. Current management have also taken large steps to ensure production @ 4MTPA starts Nov ...very good timimg for the bid ..risk factor has reduced consequently ...Outlook is also very bright for coal ..a higher bid is a possibility ..
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