Anybody who would urge miners to not be slashing jobs in this environment without any gov assist is travelling on the starship enterprise at warp factor 9.
If it was me I would be bypassing the banks now as "which bank" has shown how toothless they really are in the past couple of days.
Swanny wants to save jobs but doesn't seem interested in saving companies.
With banks not lending he needs to start guaranteeing a portion of the loans to those banks who are willing to lend.
That will get them to lend and in the process encourage investment which will create employment.
OZL Price at posting:
0.0¢ Sentiment: None Disclosure: Held
