Given our low production costs and as such exposure to higher profits this RSPT would have hurt OZL bottom line in a big way.I would imagine that Gillard's move to remove government advertising against mining co's is almost an admission that the RSPT is dead. Maybe our new South Aust. Prime Minister will be a good omen for OZL and our shareprice will be allowed to flourish.Great to see the 'little dictator" has been toppled and Australia can regain it's rightful position as a safe country to invest and do business in.
OZL Price at posting:
$10.50 Sentiment: Hold Disclosure: Held