3. Australian PM stocks are well placed: Gold Mines can't easily...

3. Australian PM stocks are well placed: Gold Mines can't easily be confiscated by the state (yet) and undervaluation is an issue - but valued companies will survive this

In respect to miners,,,,,,,
What happens when the mining tax is repealled?, will the states that increased royalties reduce them or will the extra government take remain...as you know previously they ( the miner) nwere getting a deduction against the tax , hence the mrrt collapsed,,,,,,,,WA going to reduce the royalties they increased? Wa is calling for GSt to be increased because they say they need more tax,,,,,,doesnt seem to have been discussed,,,what you reckon? Just talking about miners as opposed to gold miners not subject to the mrrt but subject to changes in state royalties