MGX link to Wesfarmers Curragh Coal, page-5

without doubt the SP pressure imo is this rumour of the potential coal acquisition. it for me is bad on so many levels, one , fossil fuel like coal are increasingly on the nose and shunned by many institutions
two, is is a commodity under LT structural demand decline
three, it is too big an asset price wise for MGX to purchase and goes directly against the the guidance i received that they would be looking to spread the cash across more assets

words would could not describe how disappointed i would be to see them spend all their cash and end up in significant debt on this