What he is saying is that a new system is in place whereby the impact to our cashflow from rehab related liabilities is vastly improved.
This discussion has been done to death across several threads and the Qld Govt has already updated their calculator to assist in forecasting projected costs.
I actually expect this method (or similar) to be adopted across other jurisdictions. It's a huge improvement and will result in better outcomes for both miners and the environment.
NCZ Price at posting:
87.0¢ Sentiment: Hold Disclosure: Held