pretty simple.the worlds largest coal company is weighing up an...

pretty simple.

the worlds largest coal company is weighing up an offer to invest in a coal company north of Perth.

It is seriously considering 39 other proposals.

It is REY that they are weighing up, which implies this is ahead of the other 39 proposals.

Also the recent decision not to purchase an Australian thermal coal mine from a private company adds more weight to Rey being a clear winner.

I would expect management to come up with something before AGM.

The grapevine has gone of the boil of late.