Hey @Thejerry01, are you embarrassed to be pumping TER while...

Hey @Thejerry01, are you embarrassed to be pumping TER while bagging AKO?

FYI, TER’s key asset, the Blair Athol mine is an end of life project in the riskiest jurisdiction. It has been broke before and it will be broke again because the coal is low quality, deep, high cost and there is not much left and there is a massive rehab bill and Queensland is now the highest taxing, highest sovereign risk mining destination in the world after lifting royalties by a factor of 5. Federal Labor and state Labor governments no longer support coal and want to shut it down to hit emission targets, which is why BHP is getting out of Queensland. Basically, the mining grave yard you speak of is right in front of your eyes! How funny!

In contrast AKO have a high quality, shallow, low cost, long life resource, green commodity with a reasonable royalty regime in place. Basically the opposite of the one you are pumping.

Now, perhaps it’s time to rid yourself of your LKE hatred which you passed seamlessly onto AKO and move on to greener pastures. Pun intended.