WHC should now commit more to their exploration projects in NSW, and shelve everything in QLD. Every coal business should do the same, perhaps this will occur. NSW will be a lot more investable, light years ahead for coal miners.
The QLD Government might be fat and happy with their royalty increases now, but the QLD mining industry as a whole will take this as a shot across the bow, as any profitable sector will now be in the crosshairs of the QLD Government (paying to plug the holes their sinking ship).
The socialist left wing QLD Government doesn't appear to be slowing down their binge spending... and it will eventually cripple QLD.
Target $9.36, page-1018
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