Nic
The Teresa coal sale is ongoing and we are in the middle of a number of sale options and negotiations. I will say that in my 30 years of involvement in the coal industry I?ve never seen a better coal market. There really is tremendous potential for Linc Energy to benefit from its Australian coal assets. I will keep you informed when a definitive and material coal deal is finalised. By the way, keep an eye on what?s happening with Linc Energy in the USA. Our North American team is kicking some serious goals! Well done to all of the Linc Energy USA Team ? you guys certainly have the tiger by the tail.
This is from the April edition of Linc Investor - Message from CEO Peter Bond
http://www.lincenergy.com/investor_linc.php?articleId=52
Cheers
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