I personally think Colin Barnett should increase the royalties to the maximum only to the big players who produce more than 150 mtpa a year that would make them think twice before trying to wipe the smaller producers out of the sector. Their businesses strategies obviously are not only damaging our economy but also hurting mum and dad investors like us who work so hard just to see their investments evaporate in the thin air. It is about time Colin Barnett should do some thing.
ARI Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held