AGK announcement the other day that they were
"reviewing their future investment in the Loy Yang Power station and adjacent coal resource"
is the biggest story for ESI. Doesn't mean ESI are part of those plans but they would certainly be at the front of the cue for a chat.
any arrangements with Korea or india are lopsided unless Loy Yang is financially in the party front and centre. I don't mean selling the coal to a JV for $2 a scoop.
If AGK pull off a buy out of its partners in the power station then esi might succeed.
blowing through 0.8 today?, page-39
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