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Maso1....The difference between your opinion and my opinion is: your opinion suggests the government MUST compensate in part or in full; my opinion is the government has many many remedies and they will seek the least cost remedy under the law (I don't don't know Australian law) including reversing their prohibition on seabed mining and letting the parties earn their reward. Let the market pay for this over time. Keep in mind, the government makes the law. I believe their best case, if not to reverse the prohibition, is to press the "uncertainty" argument that weighs the probabilities of the possible outcomes for mining campaign. What is that worth? Now, I like your opinion, I just don't think it is very realistic.

So for a moment please, with reality as our best guide, what is a reasonable remedy???? I suggest .10 on cents on the dollar, hoping I am wrong.