Gindaldan, you'll find that the current market cap of AQA has now dropped to a level equivalent with the expected cash from the coal project sales.
Didn't the Japs/Koreans recently agree to paying $5/t JORC resource at Roy Hill? By that measure, AQA's equity stake in the West Pilbara Project is worth $3b, apply some discounts and you'll still get a good price for the project.
The risk of doing business with Australia is a bigger concern then CAPEX for end-users.
AQA Price at posting:
$2.39 Sentiment: Buy Disclosure: Held