Judging from the sp movement (seems like a conscious effort to depress the sp), is an offer imminent ??
Especially so since EOC has been soliciting.
Seems like the trough of the cycle has been reached.
Coking price may soon start to recover as some pundits suggests (certainly Gelncore is bullish).
http://www.businessweek.com/news/2012-10-03/billionaire-glasenberg-bets-on-coal-rebound-with-xstrata-energy