That's good news as well.
"Inside the big players, there will be a subtle shift away from Australia as the risk-return profiles shift in favour of other geographies.
As the return in Australia falls, so the risk in other investment destinations gets better.
This will inevitably result in a focus on brownfields investment rather than greenfields projects. Olympic Dam will slip further down BHP Billiton's investment timeline while other $US20bn ($21.5bn) options look much better (the Jansen potash project in Canada, for example).
"
http://www.theaustralian.com.au/business/opinion/resources-rent-tax-a-curb-on-growth/story-e6frg9if-1225861303119
That's good news as well."Inside the big players, there will be...
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Last
0.8¢ |
Change
-0.002(20.0%) |
Mkt cap ! $16.58M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $24.16K | 2.685M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2745670 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 4498266 | 2 |
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| Last trade - 15.47pm 20/06/2025 (20 minute delay) ? |
| EXT (ASX) Chart |