may spend about $500m on a single transaction, page-4

  1. 1,651 Posts.
    lightbulb Created with Sketch. 4
    Today's AFR is clear stating: the coal sell can be anytime from now on to the end of this year, because a number of buyers are in the cards now - it is the matter of the price ( Coal price is up now)- it is not going to cheap anyhow.

    If it does sell, I can image, LNC has very positive financial position for her oil and UCG development for 2012.

    Also, it will send the LNC' SP to the north.

    Cheers

 
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