Grumpy is correct. Unskilled mine workers are earning heaps of $$$ with lots of benefits. Its unbelievable that miners wont vote for a measly 10% pay cut to help keep their jobs when even at a 10% pay cut they will still earn way twice the average wage. They are probably thinking the Govt. will put together a rescue package.
I don't agree that the Govt. should bail out ARI so spoilt overpaid workers can continue to earn lots of $$$ and taxpayers have to subsidise them.
ARI Price at posting:
2.2¢ Sentiment: Sell Disclosure: Not Held