daytrading april 15 pre-market, page-7

This could be a worry


From Christopher Kent,given last week in a speech on Business Investment Outlook.......

"While the exact timing of the peak in mining investment and the profile thereafter are uncertain, there is still a sizeable amount of work in the pipeline, including a number of large LNG projects. This means that the level of mining investment is likely to remain quite elevated for a time"

http://www.rba.gov.au/speeches/2013/sp-ag-100413.html


From Woodside...... Woodside to Review Alternative Browse.

http://www.asx.com.au/asxpdf/20130412/pdf/42f6qd2zv5dml6.pdf

Considering Browse was to be the largest LNG project,this could hint at a rocky road ahead.And it makes you wonder why the Reserve were not awake to WPL's withdrawal as the roumours were on HC days before.Looks like the Reserve needs to read Hotcopper a little more.....