now it will be possible for management and directors to buy on...

now it will be possible for management and directors to buy on market ,exit previous chairman and ECT guidelines regarding window for purchasing shares.

more importantly is the concern of Ian Nethercote and how is LYP asset value going to be maintained.

Meet refinancing conditions of BANKS???

listening to ABC radio interview this morning Wayne Swann had no clear direction as how or if hazelwood would be modified or closed down. If it was closed down it would take over 5 years to replace it with gas and 10 for new modern power plant according to JOHN PARKER , NOW that is a person that needs to be aware of COLDRY.

http://www.abc.net.au/local/stories/2011/07/11/3266677.htm

Gippsland Trade and Labour Council secretary John Parker thinks that one of the key issues hurting the region is a lack of innovation.

"What I've said to the coal industry, is what they need to do is come up with technologies which is better than gas. Because if it doesn't come better than gas it won't get off the ground. What we've had for the last 10 years in Gippsland is a stagnant economy, they haven't invested.

Better than GAS???
in commercial terms then COLDRY BCE is a winner ,only a matter of time before a sp rerating ,november 2011 IMO.

Passing of legislation.