Without being too paranoid about it, I think an eye needs to be...

Without being too paranoid about it, I think an eye needs to be kept on the old directors too. They let NHC roll them without a vote if I recall correctly. They might now be independent enough to get in on a deal to get NSW assets for cheap, prehaps part of the overall plan.

DTE have 6 other licences in NSW, after AGL's recent approval, some value has to be given to these (I believe no value was given in the independent assessment by Deloitte). DTE paid around 150mill for these assets not that long ago.

AGL have also brought the power generation assets off NSW govt. near newcastle (new gas to electricity plant in planning process with these assets), and have built a massive gas storage facility near newcastle too. This sort of investment doesn't happen unless they are confident nsw CSG is going to move ahead.