fat profits, page-9

Hi All.
What I see in EPE is Macarthur has 70% of Dingo,the 30% EPE have they have marketing rights for its share of any produced coal.Dingo is expected to have Thermal quality coal and PCI coal. Macarther's chief product is PCI which is most sought after by steel mills.

ArcelorMittal who are the (No1) steel maker in the World with Revenue of $105 billion last year, have just taken a stake in Macarthur of 14.9% for $631million,they use PCI in their steel mills.
Macarthur controls 35% of global seabourne PCI market.

Four other tenements in Alpha Project Area 1048-1049-1179-1180 are under a 50% farmin agreement with a huge International company AMCI.AMCI are also invested in at least two other coal miners in Australia plus Iron Ore investments.SDL being one of them,Talbot is the largest share holder in SDL.
Regards
Westcott.