Cockatoo no longer a minnow!
This is big-time and will make COK one of the top Aussie coal miners. Cockatoo will now be a partner with HUGE Korean and Japanese companies.
Cockatoo's involvement should help smooth FIRB approval.
Cheers, doomdog
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http://english.chosun.com/site/data/html_dir/2010/07/06/2010070601116.html
http://www.bloomberg.com/news/2010-07-05/korea-electric-posco-buy-stakes-in-australian-mines-from-anglo-american.html
http://www.businessspectator.com.au/bs.nsf/Article/UPDATE-1-SKorea-consortium-buys-Aussie-coal-fields-73BCU?OpenDocument&src=hp19
Cockatoo no longer a minnow!This is big-time and will make COK...
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