It may not be gone but certainly reduced if Labor get re-elected. The current RSPT increase of 20% makes most base metal and gold producers in Australia uneconomical based on a KPMG report. Only the bulk commodities such as Iron Ore, Manganese and Bauxite can remain in the positive.
Financial models are showing that even the multi $bil Olympic Dam expansion is uneconomical under the new tax.
IMO, it wont go ahead. In fact, it cant go ahead. Australia will be in real financial trouble if it did.
It may not be gone but certainly reduced if Labor get...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add POS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.001(12.5%) |
Mkt cap ! $16.71M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $496 | 122.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 78 | 43397867 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 12821088 | 24 |
View Market Depth
| Last trade - 14.18pm 03/07/2024 (20 minute delay) ? |
| POS (ASX) Chart |