So right Ikey.
Not only the labour,though that is fantastic good fortune (luck would be the wrong word;Wayne works too hard and too clever to be just lucky),but the local council and the State government will be desperate for CDU to take up the slack ASAP.
Investing 101:choose only to invest in explorers where the boss lives and breathes the company.Avoid CEO's who stick close to where the good lattes are.CDU only has Rocklands because Wayne was a local,and we only have a piece of the Port because Wayne is so wired-in.Imagine how much more that port is worth now?
positive side to xstrata closing smelter, page-3
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