very disappointing, page-15

King

Very true about the independent expert's report. The value range is always known before the report is written.

The report is just a matter of compiling information and data in a format to support the final subjective assumptions.

Will the reserves upgrade be faithfully presented? Not a snowballs chance in hell.

ESG management will now be MIA.

Looks like a done deal to me. All the big boys in Queensland are co-operationg on the labour front through an entity called Energy Skills Queensland according to the Fin Review today.

As for DC's $2 billion value. Well he will be able to rattle of at least one billion reason why circumstances were different when he made that call.

He and MIA senior management have secured their positions and underwritten the value of their shares. The only thing most board directors and senior management have in common is a superior and overwhelming sense of self-interest.

I hope for another bidder.