This article certainly confirms the days of Fossil Fuels will see many more before the Sun sets on them.
While there appears great concern about China's growth slowing?, still looking at 3% plus - surely this equates to Australia continuing to keep digging up & exporting largely unprocessed product for many a decade to come!?
What's the potential of other South East Asian countries, what might the India economy open up for Aussie dirts!?
Unless our Govt's ban exports of fossil fuels - the future appears brighter for some time yet!?
At some point I expect Australia needs to focus on value added product to place itself in a favorable position when demand & supply do drop away! Not sure if a largely free enterprise economy can give "value add" sufficient focus?
NHC Price at posting:
$5.80 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)