That explanation on the termination of the AES/Farell Cooper deal was all BS..the new management wanted out of UCG thought the company would be better as a traditional coal company.
But most of the coal assets were only suitable for UCG or undergorund mining. They royally screwed it up and now they are screwing it up again.
Now, the biggest rat of them all and the architect of the change Martino, is abondoning ship as it goes down.
He and Patersons have a hell of a lot to answer for IMO.
panic, page-31
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