This new government for me really sucks specially if you are a...

This new government for me really sucks specially if you are a greenie. but for the coal industry, it could provide a good opportunity to open up and approve projects. This is because of a possible knee jerk reaction from the closure of Holden and possibly other manufacturing site associated with it. Also, there is an incentive for exporting the coal as the Australian dollar drops in value. This would help plug our ballooning middle-class subsidy inspired deficeit.

that is why I bought into coal stocks. Plus BND has cash on hand and for projects that is very hard to get by specially raising funds, we are at least clear from any potential capital raising.

but yeah, so frustratingly slow.

superox