babsie, Dont hold your breadth on a Xstrata takeover, it would give them too much pricing power over NSW powerstations coal supplies and remember that was how CEY got them in the first place to stop that happening. Glencore may be an outside chance but also they own from memory around 35% of Xstrata plus board seats so that may also face hurdles. The best case would be flogging of Newstan etcand if you had a low cost opencut supplying the contracts with that coal and using Newstan as a semi soft export to garner the higher prices. Cheers, roids.
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