Ann: Director Appointment/Resignation , page-12

I agree it doesn't look good that the GM has suddenly gone. However to me there is certainly positive upsides for PXR. Don't forget they have good local contacts now including geologists in the country. Focussing on coal in Indonesia is a good strategy and the local and international market will stay strong I think. The big problem for serious directors such as Ian Murrie, who actually owns PXR shares, is that the communication with potential investors is so poor.

Happy new year to all.

DYOR