IMO the rest of the world has woken up to what Australia hasn’t, and that is you need reliable base load power. The cheapest way to get that is coal and because of Russia climate change has become irrelevant except to Australia who is going to show the world that we can change the weather. You would cry if it wasn’t so funny. This year China is going to dig up 300 million more tonnes of coal than last year. China is building 1171 more coal power stations. Coal price will stay high and dividends will flow.
Ann: Quarterly Activities Report, page-25
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