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I do doubt whether they could find a buyer for the Penrice mine.(Angaston)

All the easy stuff has been mined, water table getting closer, dust and transport issues ongoing, more new sleepers going down on the track as I type.

They'll struggle pumping shareholders for more cash and I really dont know where they can make any more savings. Maybe reduce the advertising and corporate wank, ie. golf days, AAMI stadium boxes etc etc, but is only a drop on what they owe.

TCG