Sorry to break it to you but there is no way that any labor government in the next few decades is going to agree to a policy shift with Uranium mining. I have had several email discussions with the mines minister and premier office and they are absolutely adamant ! At the end of the day their greens preferences are so important to their ability to govern, so they cannot do anything major to disrupt that! Also the far left faction of the labor party need to be kept happy too, otherwise it disrupts and complicates things and no premier wants that. We can now rely of 2 things to change this stock. - substantial commencement via EPA (it should be priority 1, yesterday!) - LNP winning government (50:50) at best if polls and public sentiment changes in the next 10 months.
Or if we want a short term boost in share price and nice re rate back to normality, RH getting forced out by a shareholders vote or him resigning!
To force him out we need a decent replacement first. Perhaps Drumma could help with that?!
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