Hey allI haven't been the biggest fan of PH prior to the CR and...

Hey all

I haven't been the biggest fan of PH prior to the CR and subsequent but I support this action 100%. We had the potential to suffer a death of 1,000 cuts but the announcement puts the ball with top-spin right into the back court of BOF.

Not a risky play at all in my eyes, totally proper.

No crying over spilt milk for me or pointing the finger at posters, these things can happen and the action of the NSW Government was an event that could not be reasonably have been forseen, it is hard to have thought that there could be so much policy on the run from a Premier of a major state - really pathetic. But pathetic happens!

This is a tough game.

I will still be accumulating as I can only see one sensible and political outcome in the end, MEL will go back to exploring / producing and will probably get taken over.

Time is the commodity here.

I wish the best to all and hope that the rewards come to those long term investors who invested the hard earned.

My average is now under 18c or so and I expect (fear :) ) that it will soon be sub 10c - so be it.

Good luck