asf,
These Indians are full of hot air! Bargain hunters, time wasters...........
When reports come out of India, it's usually hogwash.......
By the way the report says Xstrata may be interested in New Hope. I believe that is hogwash too. Xstrata CEO made it pretty clear earlier this year that they were not going to make any big acquisitions. They were looking to grow organically and would be looking only for bolt-on acquisitions.
I know of a couple of coal exploration companies that would fit this bill.
New Hope is expensive in my opinion and it's the sheep that makes it expensive.
:)
Nic
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