The Gailalee Basin coal mines (there is plenty of promising Met...

The Gailalee Basin coal mines (there is plenty of promising Met coal resource) looks like won't be going anywhere anytime soon (constraining supply) with Vale and Rio pulled the plug on teh Abbott Point expansion it and the govenrnment officially scrapping it altogether.

That will benefit Bowen and Surat Basin thermal and coking coal miners especially that COK is the only producing junior.

I suspect other benficiaries to be EOC, SMR, BND and MTE.

When the dust settles after the Greece defaults (?), COK surely must be in the cross hairs of potential suitors.