JXK,
I don't think we need to wait till CPL go into Production- and HP won't wait that far and they are keen to handover at the right time & right price - I assume it is not far away that’s why the SP kept flat!
If you look at other thermal coal stocks like BND, COK we are far better off- BND want $743ml
http://www.theaustralian.com.au/business/mining-energy/bandanna-energys-springsure-creek-coalmine-to-cost-743m/story-e6frg9df-1226553897100
If BND can get $743ml why not CPL?
Cheers
SAT
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