Fully agree anyone invested in any stock in any country, particularly in the resources sector, should keep abreast of political influences....
The Indo Govt are looking at ways to generate more industry locally by requiring additional processing to be carried out onshore before shipping, rather than just throwing it all on ships to be blended & processed in China or India.
AJM's Tabalong comprises High Energy coal that is not subject in any way in any discussions to any export ban.
At the end of the day, if anything this may well end up being a big advantage to us, with our product becoming even more valuable locally where it can be used to blend and increase the calorie count of the more common lower grade coals.
Regards,
DYOR
GLTA
the australian, page-17
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