Investor Alert: GVK’s US$10 billion Australian coal project uneconomic, an unacceptable risk

Investor Alert: GVK’s US$10 billion Australian coal project uneconomic, an unacceptable risk Finanial analysis of GVK Alpha Coal Project in Queensland’s Galilee Basin concludes “probability of success remote”, “no investor should take part”.  Press Release Sydney, 19 June 2013 A new report released today by US-based Institute for Energy Economics …