Singapore-listed Linc Energy is pushing ahead with plans to sell...

Singapore-listed Linc Energy is pushing ahead with plans to sell its Australian coal assets, organising meetings with potential trade and private equity buyers for next week.

Read more: http://www.smh.com.au/business/mark...-on-wall-st-20140620-3ahlu.html#ixzz358iMaVkp

Asset sales in the bottom of the cycle for the coal market illustrates Linc's cashflow dilemma.  At least they sold to Adani at a highpoint in the cycle - an excellent deal.  Hopefully the coal market is turning from its lows so lets see if PB can make another useful deal selling NEC.