It might be difficult for Mgmnt to announce to the market their plans if there is in fact a JV negotiation going on. I suspect this negotiatian would take priority over finalising plans - given you wouldnt entirely know what your plans are if all of a sudden you are going to be in a JV. Whether it be for Surprise, or Mt Kitty or Madigan or something else. Also interestitgn to read this mornring an Indian Company in negotiations to develop a "poor coal resource" in Queensland..
http://news.theage.com.au/breaking-news-business/adani-to-mine-low-quality-coal-analyst-20120214-1t3uu.html
and also, this announcment re: Westside Corp being offered $165 mill for its stake in Meridian CSG fileds in Queensland:
http://www.businessspectator.com.au/bs.nsf/Article/WestSide-story-sends-shares-soaring-RG4Z4?OpenDocument&src=hp14
Based on these two announcments today alone, one might suspect something is up in the sector and only time will tell whether JH can get CTP involved.
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