Hi Everyone
The last 3 days has been interesting to observe – All the Doom and Gloom about the Norwich Park Mine closure has been all over the Media yet the announcement made by Anglo American Coal to Double its mine size in Moranbah on the same day has gone virtually unnoticed an as had almost NO press.
The same goes for all the conversations in a number of the threads and posts in the forum
Yes, the mine closure is a setback and for those that got caught in the buying Frenzy over the last 6 months or so they will pay a price (shortterm I believe) but lets remember that there are Four new mines open/opening, 8 existing mines are getting expanded, 36 new mines and 13 mine expansions are being considered…and ONE closes. Hardly a disaster for the region for either Dysart or Moranbah.
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