bang! up 23.53% today, page-103

How long untill the next NSW election? I think this is just an election ploy to keep the labor party looking like a bunch of crooks. After the election I expect Barry will give the licenses back and profiteer from the royalties. He is already saying "There is no intention to immediately re-release the affected areas".

The government is still the government no matter who was in charge. So how can they pass laws to take the assets from innocent parties for dealing with the government when it was the government who did wrong?


A US investment fund, Ventry Industries, which holds 2.43 per cent of NuCoal, has said NSW would breach a section of the US-Australia free trade agreement dealing with confiscation of property without just compensation and due process. Managing director Rob Roy has threatened to lobby Congress and the US government over the matter.

Read more: http://www.smh.com.au/nsw/nsw-government-cancels-mining-licences-tainted-by-eddie-obeid-ian-macdonald-corruption-scandals-20140120-314iv.html#ixzz2r0D33wTI