SMM somerset minerals limited

beattie can't see beyond qld.

  1. 397 Posts.
    Hi folks,I,ll be first to admit there is little basis to my following theory. Just some mid-day musings.

    Mr Beattie has expressed his support for the coal industry through his refusal to push for a u mine in QLD.
    BMA, one of the states largest coal producers, likley had a strong influence in development of the no u mine stance.
    With BHP planning to extend their recently aquired super u pit in SA, whats the chances that BHP related figures are feeding Mr Beattie a pointless tale about protecting the coal industry.
    The shortage of skilled workers is a valid argument, however this will no longer be valid when folk start to leave the state lured by BHP's sign up bonuses (up to $50000 I believe).
    If Beattie thinks at any stage that his state will lose out due to current state rulings, watch for a sudden backflip.




 
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