Murray Bailey, the potential purchaser (as well as a consortium of Australian investors)of Kooralbyn resort is the managing director of Yancoal Australia.
There is an article re Yancoal below. I wonder if it will impact on the go ahead of the Kooralbyn sale?
Yancoal wants out of coal sale pledge
January 6, 2012 - 10:01AM.
Read more: http://www.smh.com.au/business/yancoal-wants-out-of-coal-sale-pledge-20120106-1pnhd.html#ixzz1idIqxo1N
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