But this is where the buyback was supposed to kick in. Many...

But this is where the buyback was supposed to kick in. Many would understand that prices at $400 were likely temporary. The buyback surely could be used to counter some of the drop, but it was a pittance before the blackout period. Hope BB boy has his skates on this time around and the company does what it says because otherwise it is treating us share investors as mugs and that tends not to end well. I for one will be watching this closely because I have been burnt in the past by giving management too much leeway. Don't get me wrong the gains have been good. Let's use some of the profit to lock these price gains in, reduce SOI and maintain a decent div going forward even if the coal price drops to around $200 or $150 a tonne. It will be instructive to see how management handles this second half both operationally and in terms of its promises.