There are significant coal volume increases occurring before June 30 2007, at Hay point, Gladstone, Dalrymple bay and Newcastle. The board just is very adverse to counting any chickens before they are hatched. After the recent law suit< I guess the board is taking no chances in case something occurs to delay the coal volume increases. I'm pretty sure we will get 4cps or very close to it.
The increased finances is an interesting one. The company has this at it's disposal to allow it to purchase add on businesses they are looking at presently. They have said there won't be acquisitions in this period, but who knows what could occurr if they are currently having talks.
regards,
Cheerful.
CHL Price at posting:
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