The new conditions come ahead of the lifting this weekend of a 60-day moratorium on new exploration licences, and all new coal and CSG exploration and mining applications will come under the new rules.
Mr Hartcher's office has confirmed that existing exploration licences and mining leases would not be covered by the new conditions.
Now in my opinion, this makes our reserves EVEN MORE VALUABLE!!!
All of our existing exploration licences are not subject to these fascist "green extremist" rules. ;)
Hooray, OK next bid $1.50?? Wait, do I hear $2.00?? $2.50 ?? 1 Slowwwwww down boys, we can only be sold once :D
ESG Price at posting:
89.5¢ Sentiment: Buy Disclosure: Held