interview with project manager, page-16

Not sure about that SP3. Some 1 cent options were exercised recently and most of them were issued to overseas based investors at the time of re-listing, who are no longer associated with the company let alone privy to the inner dealings of ESI.

I wouldn’t be too worried about the Rudd’s renewable energy policy impacting on coal powered electricity or coal exports for that matter.
COLDRY will predominantly be an export product and produced under license overseas to developing economies. Nuclear wont be a reality for at the very least 15-20 years and even then coal will still play a major role in energy generation. . Then you have coal to liquids (oil). Coal is NOT going away!
Rudd's carbon reduction targets are 60%. Coldry reduces emissions by 30 to 50%. So his targets are very achievable with CLEANER coal then add energy efficiency and renewables to the equation. You can be sure Queensland coal production/use/exports will not be affected and with the possibility of a coast to coast labour gov......coal is here to stay. If Howard wins the status quo will be maintained.

Regards
RBA