re: asic first then takeover panel bear in mind, the life blood...

re: asic first then takeover panel bear in mind, the life blood of any business is cash flow, not sales. coal production are 100% saleable and 100% collectible. all coal are sold thru contracts. no payment means no shipments and no electricity.

in CLR case, the chinese are eyeing the company's cash flows from Bluff. mine commences production 1H 2014 !

also, Bluff project should provide initial funding for Grosvenor West and after a few years, the Grosvenor West project funds itself.

$0.455 is just TOO CHEAP for $10 billion dollars worth of coal resources.

CLR was an Australian company and it SHOULD have remained an Australian company. CLR did not need the chinese and didn't "invite" them !