Ann: Appendix 4D and Half Year Financial Report, page-218

"I support buying Daunia and such like instead of buyback."

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While I think it's appropriate for bhp to divest Daunia from bhps point of view... the technology and whizz bang computers at Daunia will make it very difficult to take over for any suitor. The mine itself has way to much technology and not enough skilled operators with common sense.

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Personally, I'd be more than happy to give bhp a dollar for the mine and take on a good bit of debt. The number of people who would need to be sacked would be incredible.

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At the right price, Daunia is a great buy, but, it needs some serious reworking of its internal culture which would be incredibly challenging and risky for a new operator.