Ann: October Investor Roadshow Presentation, page-17

Yeh, I don't get it either. I cannot imagine that there is an altruistic motivation behind these comments. The Galilee basin is opening up in spite of the green ideologists who seem to live in a fantasy world where solar panels and wind turbines are made from fairy dust and not fossil fuels.

Carmichael has kicked off which means the 4 other coal projects that are already approved will have rail and port infrastructure in place. Anyone with resource average in the basin is likely to become profitable in the near future.