Yes you'd think so. The lower AUD makes this an excellent LT...

Yes you'd think so. The lower AUD makes this an excellent LT proposition to either an Indian, Japanese or Chinese steel mill. Some of which are already on the register.

I have no doubt we'll start to see further M&A in the coal sector late this year into 2014 as everything has become valued as a distressed asset.

The trigger for CLR will be both macro and PCI/HCC prices stablising.

In the meantime Bluff news should be out soon. It would be great if the company starts to meet a few of its deadlines to show they are still confident and under control of their own destiny.