I believe so, what might happen is that a major might possibly approach ATQ and take over their Tanzanian operations or a company which is well cashed up also.
They seem to be moving very well over there, so an opportunity might arise whereby somebody moves in.
If they tie up the other coalfield as to the research I've been doing, which is less than 50km from their Ngaka project they may have inexcess of 1 billion tonnes of high grade thermal coal, more than enough for a power station and a very good asset.
So ATQ, Pacific Corporation will have pretty much the country's coal assets to produce an efficient operation.
Hopefully something may come to the shareholders!!
Lets see what happens.........
Wizard
I believe so, what might happen is that a major might possibly...
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