This report was published in January 2013 when coak coal`s price was a lot higher,I wonder how much they will value it now.
Regardless,the binding of the agreement will significantly de-risk the project,Just don`t know how long will it take for the fund to be secured.Last time it didn`t eventuate probably because coal price embarked on a down ward trend,this time could be different.Just don`t know what kind prerequisite required for it to become binding.
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