takeover & share register, page-3

A 100% takeover is unlikely, however there are a few coal traders from Hong Kong looking to secure marketing rights in exchange for a cornerstone investments.

COK and CLR are prime targets but negotiations could well take six months. Comes down to how much of a corner do they get for the capital required to bring their projects to market.

COK is probably better placed due to being a proven operator. But then CLR does not have the debt.