Ann: Appointment of New Managing Director , page-5

I think this announcement by Rey will only focus the attention of its shareholders on TPL so I don't really see why REY would do this...Unless...

Perhaps they...REY.. are in the market for a takeover of TPL ? A takeover would give Rey the undisputed dominence of the Canning Basin with 20,000km2 of ground and almost all known coal outcrops in the region.

Could this be next Fortescue Metals but this time in thermal Coal not Fe?

If I were REY CEO (and had the avail capital) I would move on TPL and perhaps even OBL.

Anyone else got an opinion....