market depth, page-23

I'm wondering what effect a lease on the CHPP will have on the SP. Reducing overall capex by $245M will have to be a massive positive.

If we can keep the number of shares on issue to 500 million or so after the balance of the EO is sorted, I reckon PJ will flog RES off for a Billion easily, especially considering we have 735Mt saleable already on only 35% of mining land. We're talking a potential 65% increase in saleable tonnage which could eventually mean 2.1Bt of saleable coal. At indicated levels of opex the potential profits over the long term are enormous!