Nick Dokos <nicholas.do...@hp.com> wrote:

> Figures (and tables) are floating environments: latex will place them
> at or after the place where they are mentioned in the latex file, at
> the first place where it finds space, consistent with the spec ([htb]
> above).
> 
Not quite right: depending on the spec, it *can* end up at the top of the
page with the reference in the text, i.e. *before* that reference.

> ...
> There was a discussion about such matters some time ago on the mailing
> list (in particular, how CAPTIONS affect output), but I don't remember
> the resolution and I'm too tired to go look. Seek and ye shall find.
> 

I looked this up: check

  http://thread.gmane.org/gmane.emacs.orgmode/17814

particularly Carsten's note of 2009/10/03.

Nick



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