agreeed. CWK could be the next link as there are blending...

agreeed. CWK could be the next link as there are blending syneries here.

AZT.AU + WHC.AU blending Synergies? nope, there isn't any with for Moules Creek (AZT) and Vicory (WHC) as the Gunnedah coals are low ash (lower than they need to be).

Blending synergies will come if you have a higher ash coal to blend with and hence reduce the ash discount on the higher ash portion.

Nathan Tinkler's Boardwalk has Ferndale (CWK) would fit that category. Combine Boardwalk and Coalworks own 92.5% of Ferndale...could that be the next cab off the rank?

Not to mention Tinks bulleted 2 CWK directors only a couple of day before his move on AZT.