I think there are a few compelling reasons;1. Thoughts are the...

I think there are a few compelling reasons;
1. Thoughts are the AUD has more to fall, allowing likes of COK to make a reasonable profit.
2. WICET Stage 1 is now 60% complete. Stage 2 has fallen over with Xstrata pulling Wondoan. This now makes Stage capacity worth more than the liability.
3. If anyone wants to pick up a met coal mining business, now is the bottom of the market. You will not buy cheaper than today. (well yesterday in this case :)