[JT7Member@jt7Join Date: 2010Post Count: 286]

March 17, 2013 - 9:22 am

Hi Ben,

Freckle is right….don't let distance reduce your choices of professionals that will assist you in moving forward. 

My MB, who contributes to this forum, and my accountant are both interstate and everything is done by email and phone although it is a great excuse to get up to Queensland! 

Jack 

[JT7Member@jt7Join Date: 2010Post Count: 286]

March 12, 2013 - 1:34 am

It's interesting that right throughout the recent volatility the coal industry has experienced, GVK has continued to maintain a cool head and been confident in their ability and the demand/supply factors to continue to bring this behemoth project closer to fruition.  

Now that Aurizon has reportedly agreed to maintain a 51% stake in the infrastructure it must bode well for the long term for the Galilee. 

It is going to be very interesting to see the impact on this industry once September roles around and the nation heads to the polls…….. A change of government to one that is more supportive of Australian business could be just what the doctor ordered. 

Enjoy the read….

http://www.propertyobserver.com.au/queensland/north-queensland-mining-towns-boosted-by-investment-in-galilee-basin-railway-line/2013031159813?utm_source=po&utm_medium=aida&utm_campaign=news

[JT7Member@jt7Join Date: 2010Post Count: 286]

March 6, 2013 - 12:11 pm

Qlds007 wrote:

Can all those maiden posters who are thinking of signing up tell me what they are looking for in a Mentoring program?

Just interested to gauge what you think you get for your money ?

A free set of steak knives….? 

Sorry couldn't resist! 

[JT7Member@jt7Join Date: 2010Post Count: 286]

February 18, 2013 - 11:06 am

Tony, this might interest you if you haven't seen it already.

http://www.cqnews.com.au/news/jobs-and-big-bucks-promise-springsure-creek-payday/1753114/

Bandana is also proposing a camp just to the south of Emerald…about 10 minutes outslde of town along with offering other housing options. Most likely rental properties in the general community. It's currently in the proposal state with the council.

http://www.cqnews.com.au/news/bandanna-fifo-camp-site-chosen-near-emerald-airpor/1753006/

[JT7Member@jt7Join Date: 2010Post Count: 286]

February 18, 2013 - 8:49 am

DHCP wrote:

Hey Charles 1,

I had not so good feeling about them about the way they entice new members, very good in marketing that's for sure.  I've attended one of their free seminar in Parramatta NSW  about a month ago. If they try to sell you something then they are only looking after themselves. I bet you, their mentors keep growing their portfolio since they can sustain them from the cash flow they receive from their mentorship program? Such strategy as you mentioned required cash flow to sustain the viability of your portfolio to keep them growing. Thanks mate for sharing…I bailed out on the last minute of joining their mentoring program.

Thanks Millionaire in, for sharing your thoughts on this too.

I think you pretty much hit the nail on the head…….

I see the 'very supportive' one post wonders are back again….pfft 

[JT7Member@jt7Join Date: 2010Post Count: 286]

January 30, 2013 - 8:48 pm

Hi Richard,

I was thinking about you whilst watching the events up in Brisbane and I'm relieved you and the family are safe and well.

Fantastic to see you able to see the light side of things….

Which reminds me about our conversation during the sweltering heat just a week or two ago. If you remember I suggested you bring some of that miserable English weather back with you to cool things down……you do realize Richard I was only joking don't you…..? 

Great to have you back on a more regular basis on the forum mate. 

Also, congratulations to you and Jac on the feature in the API….

Jack 

[JT7Member@jt7Join Date: 2010Post Count: 286]

January 28, 2013 - 5:04 am

100% Tony……

I've been watching the footage on the tele at work today and it's absolutely gut wrenching to see such devastation again. It looks like the state government and emergency agencies learnt from the tragic events that unfolded in the 2011 floods and the response has been swift and appears to be comprehensive.  

In relation to property investments it's a significant reminder how vitally important it is to complete due diligence before purchasing. 

I hope all those affected by these floods remain safe…….

Jack 

[JT7Member@jt7Join Date: 2010Post Count: 286]

January 28, 2013 - 4:34 am

engelorumora wrote:

Hi Jack,

Thanks for your interest and support mate. I value your kinds words and would love to hear your story about your investment dreams.

Kind regards,

Engelo

It's an absolute pleasure Engelo…… It truly is a great success story and a wonderful example for others of what can be accomplished if you set your goals and stop at nothing to accomplish them.

I've just sent you a PM mate.

Jack 

[JT7Member@jt7Join Date: 2010Post Count: 286]

January 27, 2013 - 2:16 am

Spent most of my early twenties sleeping in a slit trench somewhere in Southern England…..

Good times, good times….especially in winter! 

[JT7Member@jt7Join Date: 2010Post Count: 286]

January 27, 2013 - 2:11 am

Qlds007 wrote:

Hate to say my early 20's are a bit of a blur.

Too many University parties to back up from.

Cheers

Yours in Finance

Lol…I can picture it now Richard….like an episode of 'the young ones'.

Just trying to figure out which one you'd be…Vyvyan, Rick, Neil or Mike…..

Classic British television….lol

[JT7Member@jt7Join Date: 2010Post Count: 286]

January 25, 2013 - 7:03 am

Freckle wrote:

JT7 wrote:

Lol you crack me up Freckle…..

Always interesting hearing your point of view mate 

Tell 'em that on the Blog forum. They've been picking on me.

LOL…..I reckon you sound like a bloke that would have skin as thick as a rhinoceros Freckle…..

Besides it's refreshing to have a variety of views on subject matter me thinks…..

Jack

[JT7Member@jt7Join Date: 2010Post Count: 286]

January 25, 2013 - 5:27 am

Freckle wrote:

Glad to see you guys missed me. Shale oil isn't anything to get too excited about. It'll take them 10 years or more to get the stuff out of the ground if ever. Lotsa hurdles. Sorry guys. Nothing to see here. Move along please.

Lol you crack me up Freckle…..

Always interesting hearing your point of view mate 

[JT7Member@jt7Join Date: 2010Post Count: 286]

January 24, 2013 - 9:49 pm

JT7 wrote:

http://www.theage.com.au/business/markets-live/markets-live-optimism-gains-ascendancy-20130124-2d899.html

A little conjecture on the true resource though……

Looks like it's been blown up by an over exuberant media……. 

Read: 2:26pm….

Not bad money if you'd bought in at $.50….

http://www.smh.com.au/business/reality-check-for-linc-20-trillion-find-20130124-2d9mj.html

[JT7Member@jt7Join Date: 2010Post Count: 286]

January 24, 2013 - 4:03 pm

moxi10 wrote:

I'm sure the freckle won't approve

lol…I'm sure he'll make his appearance 

[JT7Member@jt7Join Date: 2010Post Count: 286]

January 24, 2013 - 6:15 am

http://www.theage.com.au/business/markets-live/markets-live-optimism-gains-ascendancy-20130124-2d899.html

A little conjecture on the true resource though……

Looks like it's been blown up by an over exuberant media……. 

Read: 2:26pm….

[JT7Member@jt7Join Date: 2010Post Count: 286]

January 23, 2013 - 10:23 pm

I worked in the Parramatta area for several years. I think Harris Park is a good area because it's close to the Parramatta CBD and has very strong transport infrastructure including its own train station. Parramatta has developed incredibly quickly in the time I spent there most noticeably apartment development however, there is population growth to match. 

Big Indian population in Harris Park so lots of tenants….walked into a couple of properties with multiple people residing in them, sleeping on the floor…Indian students etc.  Just select your PM well and you shouldn't have any problems….

Jack

[JT7Member@jt7Join Date: 2010Post Count: 286]

January 16, 2013 - 9:42 am

Hi Tony, 

Other than what I've posted, I've yet to find other coverage regarding coal prices however, I'm sure its available. 

Some good news for Emerald. I've been waiting for this project to start ramping up and it looks like it's starting to get some legs……

http://www.warwickdailynews.com.au/news/bandanna-energy-mine-plans-leap-billion-dollar-mar/1718193/

I've had a look at this Project Iron Boomerang some time ago. If it ever gets off the ground…..it will be absolutely incredible. There's been some pretty serious modeling completed on the project so I guess people are seriously looking at it.  

http://www.youtube.com/watch?v=http://www.eastwestlineparks.com.au/project_iron_boomerang.php

[JT7Member@jt7Join Date: 2010Post Count: 286]

January 14, 2013 - 10:45 am

China to growth to rise to 8.6% in 2013 according to HSBC. Explains recent elevated movements in Iron Ore and Coal……

http://www.mining.com/china-set-to-make-biggest-ever-contribution-to-global-growth-in-2014-28970/

[JT7Member@jt7Join Date: 2010Post Count: 286]

January 12, 2013 - 9:30 am

JPS25 wrote:

IP 3 all approved just waiting on loan docs

Holiday to Penang for 2 weeks all booked for March we are looking forward to meeting up with my sister and brother in law from England there I haven't seen them for 3 years be 8 years for Paul

Lots of great company sun food and drink what could be better

Congrats JPS…..

One step closer!

[JT7Member@jt7Join Date: 2010Post Count: 286]

January 12, 2013 - 8:01 am

BigCubez wrote:

CMS,

The newest mine being built near Moranbah (Caval Ridge) will have a 100% FIFO workforce. Vacancy rates are over 7% for the town. Rental prices have lowered dramatically to secure tenants, while purchase prices are still high. Unless you already have property there then I would be looking elsewhere.

Regards,

Cubez

If mining towns are your thing….I'd be looking at other towns than Moranbah. Why pay for someone else to realise their capital growth then struggle to find a tenant!