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Old 17-06-2010, 12:38 PM
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Smokey Smokey is offline
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Yeah, I reckon the rate is a little high, I think it will end up settling somewhere just above the royalty rates.

Australia is still a very stable country in many areas, and is still a good option for investors.

I also find it interesting that the mining companies arnt taking a harder look at their operating expenses. There is so much wasted money in the industry, they could save a fortune if they could reduce that part of the pie.
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