Ann: Agreement to acquire QLD Thermal Coal Explo, page-5

re: Ann: Agreement to acquire QLD Thermal Co... Do you still hold MNM rideronthestorm ?

I would love the opinion of a dedicated "coal head".

I like the MNM story but for me it is a technology driven decision - Exergen blah blah. So evaluating this move by NSL on a more pure coal play sorta level is new to me. Anyone know a coal guru we can drag in for an evaluation of this move?

Big lift in the SP for NSL today. At one point I noticed it was 38% up. "Thank God" were the words I uttered. I think the public opinion of management has taken a beating if HC is anything to go by and we need action to rectify it. Especially given the global economic climate at the moment.