And my understanding of the situation is that GVK and Adani will still have space under the revised two-terminal expansion. So most of the Galilee is still happening.
It's just Clive Palmer who is getting shafted by this decision. Which is bizarre since he is the LNP's biggest donor. I can't see that situation lasting, so Waratah will find a way to market their coal too.
COK Price at posting:
21.0¢ Sentiment: None Disclosure: Held