article from the eureka report

Before they blew the lid off Fukushima you would have thought coal was about to run out of steam after the activity we saw toward the end of 2010. But since then numerous nuclear power stations have been deferred and you you?d have to say that in the next six to 12 months we will see an amazing frenzy of activity in coal and the gas. Anyone who has a coal mine for sale or a gas resource for sale is going to find bidders lining up around the block.

So what I?m talking about are some of these second-tier miners, who have proved-up resources and probably can?t access the money they need to develop them. So we are talking about companies such as Bandana (BND), Guildford Coal (GUF) and Aston Resources (AZT). There will be more purchasers of Australian coal assets because those guys have to secure their resource; they can?t be out there punting.