Something could come up, but the forces behind Whitehaven Coal and Aston Resources – and Boardwalk Resources, let’s not forget – are already indicating that it would take something significant to jeopardise their $5.1 billion merger of equals. This leaves one question for the present and two for the future. Meanwhile, Origin Energy has improved the economics of its Australia Pacific LNG project, by ceding – along with partner ConocoPhillips – some equity to Sinopec in exchange for a committed customer. Elsewhere, Wah Nam tries to clean up the rest of Brockman Resources, Qantas is still talking about its Asian hub plans and Pacific Equity Partners looks to have watched one of its bids fall flat – but it’s not for Spotless Group.
Whitehaven Coal, Aston Resources, Nathan Tinkler