Looks like the float of the South Is coal mines owned by GLL's subsidiary Eastern Resources has moved a step closer.
Note that only an ASX listing is proposed at this stage although I would think an NZX listing would follow if there is a big uptake from NZ investors. I'll look at the prospectus but at this stage prefer Bathurst Resources' Buller project, which also gets a mention in this article.
http://www.stuff.co.nz/business/indu...tralian-parent