Hi LivasAgree it will be very interesting to see if the SP rises...

Hi Livas

Agree it will be very interesting to see if the SP rises with the buyback

With only 51M shares outside the top 20 it's almost 25% of the remainder they intend to buyback !

Have you seen this broker report from May?

www.blackgoldglobal.net/upload/CK%20Locke%20Research%20Report%20on%20BGG.pdf

Well worth the read if you haven't already.

Mining coal in China to sell to the Chinese makes this company well insulated from the European & US debt issues and Aussie carbon taxes!