Hi(koro) Not sure about a connection with India,only said India as a market other than China,India are interested in Africa. My post before this morning about Talbot -ArcelorMittel-Macarthur.I said there was another connection.
Macarthur have a 70% farmin agreement for a block owned by Bandanna Coal.Bandanna are a private company in Queensland.They are in the process of being taken over by (EPE) Enterprise.The block has PCI coal which is used in blast furnaces by some,the likes of ArcelorMittal. Arcelor have bought into Macarthur for the PCI coal. Also AMCI who have a stake in Sundance have a stake in 4 of Bandanna's blocks or (EPE)Enterprise when the take over takes place.The Macarthur block is expecting to have JORC figures out in the next few days. Regards Westcott.
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