NCR nucoal resources limited

Why compo is now more likely

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    For those relatively new and speculating on a compo payout here is a good overview of the situation set out by Gordon Galt. Note in particular BOF confirming he would have paid compo if he could back in 2015.

    http://nucoal.com.au/wp-content/upl...article-The-Australian-full-text-24.07.15.pdf

    Then look at NSW Government Budget surplus forecasts:

    https://www.budget.nsw.gov.au/

    The State’s fiscal position remains strong, with budget surpluses averaging $2.1 billion forecast over four years. The budget surplus in 2017-18 is forecast to be $3.3 billion, an increase of $634 million over the 2017-18 Budget forecast.
 
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