Aquila CEO Says ‘Dozens’ Are Studying Coal Acquisition

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.

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