Ann: Response to ASX Price Query , page-7

Indeed, LNC is definitely not denying anything. If one is to understand the policies encompassing the indian and chinese governments, one will realise the resource grab that is happening all over resource rich nations.

Gautam Adani needs the coal assets to feed to his multiple new thermal coal power projects for the indian government. With the fund raising now complete, it is only a matter of time.

Fund managers and investors will have a great time today picking the low hanging fruit from traders.