Ann: Project Update, page-61

Morning. Can't I'm afraid, other that to say it's absolutely solid. And you're right - a lazy (and dumb) way to sell but that's not unusual. They just want out. I should add that PJ tells me that the contractor failure will have no impact on the current financing position. Apart from that I'm afraid I gleaned nothing new. My losses on this are immense. Currently. But I do take some heart from the fact that coal is one of the very few sectors not currently in bubble. Eventually that will change.