As far as the future outlook for Coking and Met coal is concerned,NSW will soon join Victoria as a no-go zone for resource investment.
The nature of the 'Green' anti-development anarchist lobby and of the political system,will make this a certainty come March.Queensland coal leases,no matter at what stage they are at in the development cycle,will become more valuable as a result.
Mindful of the upcoming realities,Major resource companies would no doubt be anxious to secure satellite deposits surrounding their existing infrastructure.In this regard BCB is well positioned.Good times ahead I think.
Ann: Board Appointments & Strategic Placement, page-29
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