AFR 01/12/2010 Page 18 "Abbot Point goes full steam ahead".
"... The sale process for the Queensland government's last asset for sale - the Abbot Point Coal Terminal - is in full swing, with as many as 15 parties thought to have submitted an expression of interest......The government has called for indicative bids by December 10."
This should be of great significance to EWC as back at the 2009 AGM, the Abbot Point project was heralded as the next big thing for EWC in Australia - hugh potential etc., etc.
As this latest development may or may not impact on EWC's Abbot Point plans, could Mont's associate in Hong Kong meet again with Mr. Allen, obtain any comment regarding this development and advise all of us on HC.
Strange way to obtain company news but there seems to be no other way.
Zepa
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