Thursday, October 20, 2011

Is Australian Mining Industry at risk ?

. Is Australian Mining at risk ?
. World economy slowing.
. China slowing.
. Which will affect the Top line P/L statement.
. MRRT & Carbon Tax will increase cost.
. Bottom line will be reduced.
. Less revenue, more costs.
. Bad business !
. Investors may seek greener pasture, resulting in less funds for the industry .
. Is WA bullishness then , justified ?

http://www.theaustralian.com.au/business/mining-energy/vale-warns-taxes-have-increased-risk-of-investing-in-australia/story-e6frg9df-1226172270039

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