Ann: Priority Allocation of Coal Export Capacity , page-20

re: Ann: Priority Allocation of Coal Export C... Marine,

This rail project is for the Bowen Basin and some for the Surat Basin (Banana to Gladstone).

The WIRP is just as important as the SBR project but without the latter, no cigar for Metrocoal and others in the Surat Basin.

For a map of Wiggins Island Rail Project click here.

Metrocoal and others in the Surat Basin need the Surat Basin Rail project announced. I believe it will be announced later this year or early next year.

Let's just hope this Xstrata court case is rapped up this week just to give us a bit more certainty.

By the way since you posted on this thread, if this new coal terminal (3TL) actually happens, I will guarantee you that Metrocoal will not be trading anywhere near it's current value but for the short term it is likely to trade lower, dictated by general market sentiment.

Would love to be wrong about the latter! LOL.

:)
Nic