http://news.ninemsn.com.au/national/8371408/labors-carbon-tax-passes-senate
500 YEAR RESOURCE and GEAC /loy yang power will now NEED TO CHANGE its business as usual .
ASSET revaluation from the lignite will become a priority as to meet refinancing obligations for 500 million IN LOANS.
new export market derived from using ECT coldry process plus a reduction in the power plants emissions by 10 to 15%, should qualify LYP part of the 5.5 billion dollars from the carbon tax compensation package.
All I want to see is ECT being part of the report from GEAC to federal government endorsing coldry.
TINCOM you now have access to the lignite ,obviously at a price to LYP as they will need additional funds to offset that $23 in carbon tax that they will not be able to pass on to ALCOA .
50% of Loy yang power goes to providing ALCOA energy.
next market darling or a ten bagger ,time will tell but the odds have improved from today.
carbon tax passed esi the next market darling.
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