Bandanna Energy Limited
(ASX:BND) has appointed a new Managing Director, replacing Dr Ray Shaw.
The coal explorer says mining executive Michael Gray has now officially joined the company.
The appointment comes as Bandanna Energy clears a pathway from mine to port for its Springsure Creek coal assets in Central Queensland.
In the year ended June 30, 2011 Bandanna Energy posted a net loss of $4.35 million.
