not long now, page-22

Scim

an average of $US300 a tonne for the mnm/exergen processed BM brown coal over the entire 30 year period Jack Hamilton was talking about in December 2009 (say during 2015-2045 on the basis the BM plant is commissioned in 2014) is probably a fair call on current thermal coal price trends.

TATA Power will be the key offtake partner for the product, that is why they are involved.

TATA Power's website (a subsite of the TATA group site) projects a 700% increase in their need for coal by 2017 for their power generation operations in India. This demand profile is being replicated across the developing world. A half baked, entirely quixotic Gillard/Brown carbon tax in Australia can do nothing to stop this, and their doomed brand of idealistic champagne socialism will not stop the Victorian Govt from implementing its clean coal export and royalty generation agenda.