Its the "d" word, they want the coal but the iron ore is the ugly twin, and Poli probably prefer both to go.
Aquila's ownership structure is a bit of a challenge and thats why the delay, add to that the Iron ore which is 4 years away and feasability planned for June 09, Macqaurie who are advising Aquila have done deals for AED oil with the chinese but with 4 years before production and feasabilities to be done in June there probably are better options outhere imo, cheers,n
AQA Price at posting:
$10.06 Sentiment: LT Buy Disclosure: Held