SMR stanmore resources limited

I know there aren't many on the SMR forum, but maybe interest...

  1. 1,775 Posts.
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    I know there aren't many on the SMR forum, but maybe interest will pick up through the year - because it looks like things are going coal's way:

    http://thepreciousmetalsadvisor.com...ll-the-bottom-of-the-mining-cycle-mining-com/ "Did BHP just call the bottom of the mining cycle? – MINING.com" shows coal prices recovering at around the middle of the resources pack (led by oil and iron ore). A really nice chart, BTW.

    Did you see the greenie report http://www.theaustralian.com.au/bus...k/news-story/a53b5bf16202ca60a9bb01f12e64ccac "How China is adding one idle coal plant every week" back in August? Well, it looks like the Chinese might not be that daft after all: http://joannenova.com.au/2016/04/will-chinas-coal-power-sell-electricity-to-germany/ "Coal power on the rise: Will China end up selling electricity to Germany?". It would include coal-fired power, of course.

    And now there's more sanity from Poland www.powerengineeringint.com/articles/2016/04/new-law-threatens-survival-of-polish-wind-power-industry.html "New law threatens survival of Polish wind power industry". "A new bill submitted to Poland’s parliament [..] will make it illegal to build wind turbines within 2km of other buildings or forests — a measure campaigners said would rule out 99 per cent of land — and quadruple the rate of tax payable on existing turbines — making most unprofitable.". Go Poland!! And let's all hope that others follow suit. Regrettably, under Malcolm Turnbull there's little prospect of sanity in Oz.
 
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