Peabody ready to coach Stanmore

For Matos, partnering with Peabody will be a bit like stepping into a warm tub to find out you’re sharing with a six-metre great white.

The idea that a big company like Peabody, which has two directors of activist hedge fund Elliott Associates on its board to stay focused on key opportunities, wants 20 percent of Poitrel and South Walker only as passive investors, does not erase .

There are dozens of ways that minority partners can make life difficult for mining operators, force concessions, and even suppress purchases.

Stanmore wasn’t happy. Matos has the prize. Now he had to save it.

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