how much is the offer from lnc, page-27

Look I agree, this is very opportunistic by LNC at this very early juuncture, and not in the best interests of SXP shareholders.

The JV hasent eve kicked off yet!

Lets stick with the JV, and when SXP is worth a couple of hundred million we can merge.

After all, coal basins like SXP are sitting on are not made every day, and SXP are the only company to have virtually an entire basin to themselves in Oz.

And how did they manage this?

They did it while Australians were tearing their hair out about dirty coal and global wa wa.

Investors who with foresight invested in SXP deserve a run for their money.