I think the "SUPER TAX" may end up having a positive effect on the share prices of some Australian mining shares.
Primarily due to the fact that a lot of new projects are now being put on hold or being cancelled due to the tax, which in turn, somewhere down the track may lead to a supply shortage.Especially if we see a demand increase from Europe.
When that happens we should see a increase in the price of these certain commodities.
Just another thought.
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- contrary to what we are all led to beleive
contrary to what we are all led to beleive
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