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@Knox_Harrington Please include whether you keep or fire Slot in the game. If you change manager it costs £10m for back room staff change etc

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@NewcastleJetsFC Can we get some more action on the live blog.. more frequent posts

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@InvertTheWing Did he, in what way?

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@respeculator @YellowLabLife If you’re positioning for met coal price upside surely Warrior is a much better place to be? If coal price doubles Qld Gov takes half of that for SMR

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@bowtiedstocks @AvidCommentator Not forever, but a lot longer than most think. Similar to debt loads going past >100% of gdp imo

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@bowtiedstocks @AvidCommentator Unemployment won’t go up… private sector unemployment is but public sector keeping headline artificially low

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@respeculator I’m a bit of a Capricorn bear. They’ve been trying to make it work for long enough even before water issues - at $3/lb it was $4/lb would work and now it seems to need $5/lb. Agree on the long term option play but their balance sheet may not be best placed to house that

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@sparkes_dwayne What’s the issue with rare earths? Don’t like any of the Brazilian projects?

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@ImmaYieldGuy Good luck funding all the copper and potash development without the iron ore cash engine..

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@antonposa @SCWhisperer @pikey14 Send him to wahs and then bring him back better like Walsh and Arthars

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@BuBarrelBull @Mark_IKN Yep I think so. My prediction is GLEN won’t exist in its current form within 24 months, too much smoke. Maybe they do try do something with Vale Base Metals next.. not many merger trees left to shake..

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@ArrakisGlobal Sadly this last point captures one reason for big M&A… easiest way to get generalist dollars is just to be the biggest via mergers rather than doing all the hard work. Combined Rio-Glen gets a bigger share of passive ETF flows too.. sweetener rather than key driver though

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@BuBarrelBull @Mark_IKN They definitely don’t want to spin coal without bulking up RumpCo, because it’d just be value destructive. Longer term, I think many GLEN shareholders who would love to own coal standalone… 2nd major merger considered in 24 months tells you something + assessed Anglo (so 3rd..)

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@BuBarrelBull @Mark_IKN Glencore like to think of themselves as best of the best, and they are in many senses. But if they got rid of coal without adding scale then from a size perspective they wind up closer to Anglo and Teck than BHP and RIO, which was always unpalatable to them

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@bowtiedstocks Cheap power. Cheap power would help businesses compete. Without out we have too high a cost base to manufacture anything