hope this gets knocked on the head, page-9

Pete,

nothing wrong with some profit along the way.

The way a see things, is that after the current DBCT expansion, it may be difficult to make it any bigger due to environmental and capacity constraints. Some nearby residents were already complaining about the current expansion and there are only so many ships you can get in and rail carriages.

When you get an asset towards maturity, you can either take the rent or move on to where the money is better spent. Right now for BBI it is in corporate debt reduction, if the right price is achieved.

Don't worry too much about the Yanks etc, as when it comes to coal Australia is the equivilant of Saudi Arabia to oil. Whether we like it or not, coal will remain the cheapest and most cost efficient power supply fuel for a very long time, so DBCT is ensured a long life.

Cheers