will noble take over east energy & what price?, page-7

Indonesian coal of similar quality is barged down rivers in Kalimantan and loaded onto ships. Transportation costs are low, making their low quality coal economic, which is not the case here.

BWD may have 2-3 billion tonnes itself at South Pentland. That's plenty. It doesn't need to blend that coal with even lower grade coal brought in at huge expense from further inland. The South Pentland coal can be transported by building a rail spur to join the existing rail line into Port of Townsville, where on both rail line and port there is excess capacity.

I think Noble Group will take over BWD and not EER. Perhaps EER will eventually become a CSG project, and pipe gas somewhere which would be much cheaper.