Wollongong Coal on the turn?, page-2

Wollongong coal certainly on the turn.

The NSW planning assessment will be very very good for the long wall expansion, and it will happen. Remember there are two recourses, the Russell Vale and Wongawilli - both have high grade coking coal, which is in great demand in India.

Furthermore, after a timeout of about 6 months, WLC will be resuming shipments in mid april, the coal is ready to go. So there will be some real and positive cash-flow.

the fact that Jindal and their buddies own 95% of the share shows how tight the register is, there are a few very small shareholders out there who had parcels from the old GNRE, but these parcels are 'gonged and forgotten' (like the pun ????)