One risk is that the new State Labor government in NSW will from 1 July 2024 impose higher royalties on coal.
It's seeking "consultation" according to the 'AFR'.
Anyone with any knowledge of history knows Labor/Green governments are tax and spend merchants (and hopeless as we see in Victoria at keeping infrastructure costs anywhere near Budget).
Unfortunately, we can almost back it in there'll be increased taxes on coal, a la what Pallychook did in Queensland.
This inhibits investment and ultimately costs jobs but that's Labor for you. Electors who ignore warnings reap as they sow, but unfortunately every one else suffers as well.
- Forums
- ASX - By Stock
- YAL
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-26
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
Add YAL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.21 |
Change
0.070(0.98%) |
Mkt cap ! $9.520B |
Open | High | Low | Value | Volume |
$7.08 | $7.24 | $7.03 | $13.13M | 1.831M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 27016 | $7.19 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.22 | 157 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5020 | 7.180 |
1 | 2777 | 7.150 |
2 | 6374 | 7.130 |
5 | 4302 | 7.100 |
2 | 879 | 7.070 |
Price($) | Vol. | No. |
---|---|---|
7.240 | 7400 | 2 |
7.250 | 16105 | 5 |
7.260 | 4893 | 1 |
7.270 | 4654 | 1 |
7.280 | 1128 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
YAL (ASX) Chart |