gm resolutions, page-16

dunlop,

the float is a non event to bwn if they can prove up a significant tonnages of coal.

those that bought into bwn's float bought the tenements that are now going to be refloated so i think its a bit rich that they are now being asked to double dip and i guess a similar argument can be raised for those that bought bwn post float.

currently we have a direct exposure and we are being asked to have an indirect exposure so there will always be a debate.

if the majority vote in favour then so be it and i wont be too upset.

bring on the coal.

cheers