Vipers, if that is the case with the top 40 holding, then it begs the question who has the big wall up at 1.9 - 2.2 c and who has been solding long and hard since the cr? Many more shares have been sold than was given to the underwriter as I understand the situation.
In regards to the BCP, firstly, Direct Action getting through senate will help the existing brown coal power generators (some are already members of Dicenet) the most and give impetus to the notion that brown coal has a future in power generation in a ghg constrained world.
But I am looking toward the victorian Liberals to achieve the goal of a full blown step change utilisation of brown coal in this country. We have read about all the potential industrial uses for brown coal from the links that BR posts:- fertiliser, syngas, plastics, liquid transport fuels, e.t.c. Some mumblings from a few Victorian politicians have been heard this year and last about the potential for the BCP, but of late it has been very quiet, we should be expecting more background noise not less as we lead into the BCP launch. So it begs the question whether the BCP has been called off, delayed until if and when the Vic liberals win the election, or it is still on and they are waiting the Direct Action policy getting through senate
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