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0.00% 28.5¢ austar gold limited

New deal good for LV

  1. bloomingruby
    4,289 Posts.
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    19/11/15
    18:27
    Post #: 16435664
    http://m.smh.com.au/federal-politic...ks-down-on-coal-standoff-20151118-gl1ng5.html

    Coal fired power station projects will only win funding if they adhere to new restrictions on co2 output and coal feed quality.

    This may prove to be good news for LV as it will rule out  many lower quality brown coal resources.

    At the end of the day, funding restrictions will determine the source/quality of coal in new or upgraded power projects.

    High quality Aus coal should come out on top IMO.

    Meanwhile, how are we funding our gold? News soon I hope!

    B Rubes
    MNM Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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