carmichael coal mining is a no go?

http://www.ieefa.org/morgan-stanley-negative-report-aussie-environmentalists-say-adanis-put-on-hold-10-billion-coal-project/

well-informed sources in Australia are learnt to have reached the conclusion that this may well happen sooner rather than later. The Morgan Stanley report specifically says, ‘While the company expects the environmental clearance to come through in F2H14, it does not plan to spend money on developing the mine until coal prices rise from current levels

THere is a full Morgan Stanley coverage for Adani under news as well.