YAL 3.03% $6.13 yancoal australia limited

Ok this is why Grosvenor won’t be opening any time soon - All...

  1. 506 Posts.
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    Ok this is why Grosvenor won’t be opening any time soon - All fire management relies on the Fire Triangle - Fuel, Temperature and Oxygen - take one away and the fire goes out - Grosvenor has fuel and a temp close to 500 deg C so letting O2 back in with the temp so high will only restart the fire - it will take years to get the temp down to safe levels - they are still having trouble re entering Nth Goonyella, which caught on fire in 2018, so Anglo must accept a zero valuation for it - and no way is Anglo worth $5 bil
 
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