sathyath, here...

sathyath, here goes:

http://www.afr.com/p/opinion/bathurst_emerges_from_battlefront_yYBDc89vMEUrLStr1O5EJN

It says:

Hearings wrapping up; BTU has been hit hard re share price, but if anecdotal evidence is an indicator, things may be looking up.

Originally 42 objections. BTU whittled them down to 12. Only 4 of them have turned up to hearings, and so far, none of them have been "show stoppers".

Hearings are expected to last 3 weeks. Some complainants have asked for an extension because they didn't get their submissions in on time.

Shares in BTU have increased by 559% over the past year (GASP FROM ME!) as BTU moves towards development. BTU was entered into the ASX200 last week.

Talk is BTU remains confident of a positive outcome, despite the attention of the Coal Action Network environmental group, which is opposed to any new or extension of existing coal mining due to greenhouse gases.

BTU is expecting first production in late 2011.