Ann: Annual Report to shareholders-AYA.AX, page-5

yeah didn't look overly promising for the veroguard, trying to find the positives at present and if they can use the current coal pricing to get kodiak away for good dollars it would leave aya in a very nice position

even if it got moved for half of the original deal of U$55M, it would leave the current m/cap at cash backing, so i think there's still light


Spot metallurgical coal topped $US300 a tonne for the first time since flooding in Australia curbed output from the world's biggest seaborne exporter five years ago.
Hard coking coal rose to $US307.20 a tonne on Tuesday, extending a surge that has seen the price more almost quadruple since the start of June. Miners and Japanese steelmakers agreed to a three-month supply contract at a record $US330 for the second quarter of 2011 after heavy rain and flooding crimped production in Queensland. Chinese demand has driven the price surge this year.