With the current big coal grabs by the chinese (FLX) I wonder how this would affect LNC and their 4bn tonnes sitting in the ground. Trouble is it looks like they are making plays for established producers as Galillee would require significant investment just to get the stuff out of the ground...
Any thoughts on what is going to happen now since the RIO deal has fallen through?
Maybe they are likely to announce soon now or perhaps delaying the announcement til after June for tax reasons?
Hi,
Probably a silly question, but what instruments do you use to put these pair trades on? CFDs as its easier to go short?
If so is there much deviation on the CFD price to the underlying stock price?
Cheers.
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