re: Ann: Update Announcement on Capital Raisi... Pretty hard to...

re: Ann: Update Announcement on Capital Raisi... Pretty hard to do anything else in the current environment. Have you seen the current coking coal price? Truly shocking (I just look at the graphs on the opening page of coalportal.com)

ZYL is alive by the good grace of it's major backers. last thing they want to do is go cap in hand back to them for another top up in this environment.

I reckon they should go an extra step and look for cheaper accommodation in Perth (SIR, even though they are worth $400m these days, still operate out of cheap accommodation in the burbs). Better still, look to operate out a an accountant's office, or some such until conditions improve.