Swagman wrote on Jun 26
th, 2014 at 10:48am:
How dare I use facts to support my arguments
John Smith wrote on Jun 26
th, 2014 at 10:55am:
but you're not ... you are twisting totally unrelated facts to try and support your argument ... that graph shows NOTHING to do with the mining tax
Capital raising for new mining ventures is hardly unrelated Smithy
Swagman wrote on Jun 26
th, 2014 at 10:48am:
I believe there is.....have a look at a few of those facts supporting my argument
John Smith wrote on Jun 26
th, 2014 at 10:55am:
good on you for your beliefs, some people believe the planet wa sinhabited by aliens ,... your beliefs mean nothing. And you've not provided any facts showing the effects of mining tax
Yes....those pesky friggin aliens are at it again....
Swagman wrote on Jun 26
th, 2014 at 10:48am:
Obviously not, but the decline was less in those regions than that experienced in Australia (which I pointed out)
John Smith wrote on Jun 26
th, 2014 at 10:55am:
and you still can't prove that it has anything to do with mining tax. This year someone may propose 10 new ventures, if no policy changes are announced that doesn't mean next year they will also propose another 10 ... next there could be one, or there could be 100.
...and you can't prove that it didn't.
Swagman wrote on Jun 26
th, 2014 at 10:48am:
Not all mining ventures are set up and commence production in unison Smithy...
John Smith wrote on Jun 26
th, 2014 at 10:55am:
no one said we are .... nevertheless, we are moving from a period of high investment and setting up of new ventures, to full scale production
Exactly, which is why anyone that is contemplating sinking cash into a mining venture doesn't want the Govt of the day proposing that in addition to the normal 30% company tax they are going to hit you with an added success tax.