last trading day for the month thursday, page-27

Dave you just contridicted yourself.

'The government hasn't worked out how the mining industry works. Ore doesnt "go off", it doesnt have a "used by date", it retains value as an asset on your books whilst sitting in the ground. If costs become too high you turn off the lights and lock the gate on your way out. You can always come back in 5, 10, or 50 years time when conditions are more favorable'

Thats the whole point, there is no side effects to the new taxes except for us poor shareholders, it does not damage australia it improves our coffers. it doesnt matter if mining slows down it will still be there for the future. To be honest mining needs to slow down due to rising costs and imbalances with the wider community. We do not need more investment from overseas in this industry we need investment in innovation such as biotechs & technology.

just my unpolitically motivated opinion..

cheers