Nathan and I don’t see eye to eye on a few things (philosophical mainly) a bit over the top for me but I’d rate him as an honest ethical young guy who’ll do his best to try an help you. Up to you if you think what he offers is value for money for your situation.

bardon wrote:
This to me is the reason why investing in property is a good long term proposition. .

A few graphs to ponder. The idea works well in theory but not necesarily in practice. If you happen to live during a growth cycle you’ll do well. If you live in a deleveraging cycle you’ll loose your shirt. 1890 – 1950 was a particularly bad…[Read more]

It may all be moot anyway if prices keep declining at their current rate.

Thailand’s top coal miner Banpu has suspended up to US$600 million of its four-year investment plan and lowered its production target by 10% due to softening coal prices.

Of the total amount,investments allocated for Australian operations will be lowered by to $400…[Read more]

bardon wrote:
The fact of the matter is that Thiess have been awarded a $2.3b contract for a mine near Dysart.

Thiess already manage the mine. Their contract’s been renewed. What they’re not telling us is how much of the $2.3b is standard operating cost (no real increase in spending) and how much is going to Sedgman’s for their expansion…[Read more]

Nooob wrote:
I know that 99% of people here in this forum are pro properties and they would challenge this; but I think the foundation of oz economy is corporations.

Foundation of all economies is small business.

Nooob wrote:
government will do whatever it can maintain the affordability of house price

Whenever governments interfere in…[Read more]

WA is one big mining town and as far as mining towns go they do provide higher risk than might otherwise be expected. One could argue that WA’s economy is reasonably diversified, however, a substantial portion of GSP (Gross State Product) is predicated on business investment.

…from WA Treasury – Economic notes 2010 -11

On an expenditure basis,…[Read more]

TheBish wrote:
Perth is also well located to Africa and Indonesia – two places that will need resources in the future.

Ummmmmm…. we actually compete with Africa and Indonesia for resource export markets Bish.

msm = main stream media

Sedgman’s part in the JV

Lake Vermont Lake Vermont Resources Bowen Basin, Queensland

Design, construction and commissioning of 800 t/h CHPP including train loadout facility capable of dispatching coal from site at a rate of 4,000 t/h. Capable of producing two products – a coking coal product and a pulverised injection (PCI) product. Outcome…[Read more]

bardon wrote:

Well I never read in the release that the award of the contract was conditional on anything.

LAKE VERMONT EXPANSION

In 2011, Jellinbah Group commenced the expansion of it’s Lake Vermont mine to a 8Mtpa operation. As part of the expansion, a duplicate CPP is being constructed by the Thiess Sedgman Joint Venture and is scheduled…[Read more]

Hengist wrote:
Yes Freckle, in overall terms the increase in Coal exports is minimal, but to the Dysart area and the 90+ people with unrented properties this might be a biggie..

90+ PI’s could probably accommodate that work force several times over. Any increase is likely to be FIFO based. While it may help I wouldn’t be getting too excited…[Read more]

bardon wrote:
In the context of this thread the extension to Thiess contract, specifically given the location, the job stability and the thread title is actually quite significant. I only read their ASX release which was factual; and once again relevant to this thread, as opposed to iron ore tonnages out of the Pilbara.

Bardon there’s a few…[Read more]

Talk to your solicitor. The buyer has to work within the terms of the contract.

I think you have a few challenges in making your content interesting and relevant. Language is obviously one. You might want to partner or solicit content from native speakers in various localities who can write an english version for your blog.

I’m not sure if you follow this guy but he writes some interesting stuff re China and Hong Kong…[Read more]

bardon wrote:

Freckle wrote:
In places like Karratha and Port Hedland they talk about increases in the 100’s of million tons.

But everything is always bigger in Texas.

I think there’s something like 700mtpa mined of which we export around 320mt. Some little mine somewhere that increases production by 2-4mtpa over 3+ years hardly gets me…[Read more]

Note the comment was about the IMF (and their credibility) not you personally. I re read the article (in full) and found it difficult to follow who you were referencing at times.

Sorry Ziv I find this kind of blog a little tedious. There’s literally 1000’s of the things that add little to the discussion or enlighten us further. Just another…[Read more]

I couldn’t get much past the first few para’s Ziv. A mixture of truths, half truths and absolute drivel. IMF has about as much credibility these days as your local gypsy fortune teller.

xdrew wrote:
You have inflationary pressure that is building up like a shaken champagne bottle.

You have to be more specific Xdrew. There is also deflationary pressure on the other side (assets) It also depends on which economy and what part of it your talking about about.

I don’t think there’s any real consensus (international analysts) as…[Read more]

bardon wrote:
That mine contract that Thiess won will double the production that’s not too shabby at all.

It’s going from 4mtpa to 6 then 8 over the next 3 or so years depending on access to freight sources. In terms of volume its a tiny blip in the scheme of things. In terms of increased personell…. you won’t even notice them. In places…[Read more]

****US economy heading (officially but it’s already there) into recession

****US economy heads towards fiscal cliff in coming months

****Europe worsening by the day, peripheral EU countries in a depression

****Libor scandal set to bring some banks down along with defaults in Europe

****Germany on rating watch

****China slowing faster than…[Read more]