So this guy from vic borrows to buy a side tipper. His plan? He owner drives carting iron ore and will have his sizeable debts clear in two years.
Get's contract and two weeks later the mine closes!
True story, happened in the last month. The guy and his Missus devastated.
It's one thing to loose your job another to be on the brink of bankruptcy.
How many clever miners I wonder have transferred the asset risk to every day folk looking to make that bit extra?
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