most difficult to interpret q ever, page-8

I just think the favourable terms in which they secured the Whitbank project(coal at 20c tonne) will mean they may have to slightly alter the deal to make sure it happens.

I could be wrong but that is the spec end of the market, we all know the risks my entry point is well below current levels, I have taken some off the table on the way up (like I always do, and would hope everyone does in the spec arena).

I will hold the rest for a couple of weeks to see the outcome.