BND bandanna energy limited

mkt value 2 years ago and today, page-9

  1. 19,938 Posts.
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    asteroider...Campbell Newman would be no different if he uttered, "there will be no carbon tax in a Government I lead".

    Campbell Newman needs the royalties, when he was in opposition the mining boom was going great guns, where it could have afforded a project here or there being canned to pander to the necessary interest groups.

    Now that miners have pulled the brakes on projects, it poses royalty income stream dilemma.

    Add to that we see miners being laid off and local community expenditure drying up.

    If the mine were open cut then yes Bandanna has a problem.
 
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