ESI are a minute too late and a cent too short in this carbon tax game. Face it, the market is lost in Australia for ESI. Other bigger companies have a much greater chance of benefiting when it comes to drying coal in Australia.
A 2c per share offer would be a gift.
http://www.rwe.com/web/cms/contentblob/2978/data/8696/DL-WTA-Technology.pdf - page 11
http://www.minerals.org.au/file_upload/files/resources/vision2020/MCA_2020_Vision_VIC_report_FINAL.pdf - page 10
carbon tax and esi, page-3
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