the way the Rudd V miners battle is shaping up, in particular the feeling that "some" resources, such as the LNG projects in QLD, may be considered special cases, in addition to the heavyweights, BHP, RIO, WES etc pushing hard to get a softer treatment, im thinking that the small players are going to end up carrying the load on this tax. So if your a small player, not into LNG, or not in WA or QLD (upcoming election), then id say times are going to get tough.
OZL unfortunately misses all these, the last few weeks have made me a bit nervous. I cant help predicting a backdown in some areas only, with loads or=f rubbish reasons, this way RUDD makes it look like he's firm, but in the end the small players are going to get roasted.
My thoughts only
PS. i hear from my workplace that an enormous amount of pressure is being applied in QLD to remove CSG to LNG in QLD to save the election.
Id be looking at Santos and Origin
DYOR
OZL Price at posting:
$10.60 Sentiment: Hold Disclosure: Held
