approve the placement i say, page-15

Aside from refurbishing Barnicoat and expanding 3MH, along with exploration; what do you expect them to say? Openly flagging how much they have earmarked for certain acquisitions makes absolutely no commercial sense when it comes to price negotiation. If they openly said 'we plan to acquire x in y area' then you can bet your bottom dollar that the price of that transaction will go up. I'm happy enough to know that they have a plan, the rest comes down to looking for the obvious and hoping that management see it the same way. I have no doubt that they have done their homework. I'm just glad that people are starting to see how amazing this deal is and getting over the xenophobic paranoia.