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    coal investing

    Aquila CEO Says ‘Dozens’ Are Studying Coal Acquisition

    Investing News Network
    Aug. 10, 2011 05:48PM PST
    Industrial Metals

    Bloomberg reported that Aquila’s (ASX:AQA) sale of the Washpool coal project has many interested buyers.

    Bloomberg reported that Aquila’s (ASX:AQA) sale of the Washpool coal project has many interested buyers.

    The market news is quoted as saying:

    Washpool is valued at about A$366 million, according to June estimates from Patersons Securities Ltd. The capital cost of the project is probably A$396 million, Aquila Resources said May 4.

    To read the full market news, click here.

    coal investingpatersons securities ltdasx:aqaaquila resources
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