In my view management would be remiss not to explore all...

In my view management would be remiss not to explore all reasonable opportunities that come along. That includes the BHP mines, especially when they appear to fit the strategic direction management have stated for a long time.

The real question on whether it's right to buy them or not is price. But even when we finally know the price I have little way to judge whether the price was good or not because there's so little public info on the mines as stand alone operations. So to a large extent I have to trust BOD to make the right call, which is what they're there for.

Regarding rem, I don't think management should be rewarded just because the coal randomly goes up or down and is the biggest driver of share price. I'd rather they be focused on the things in their control - production, safety etc. As shareholders the call on whether to be on the coal price is entirely our own by buying the shares.

While I'm happy to have some tension on getting the right price for these mines (or not getting them), this activism seems too self interested for my liking and way too distracting.