What does twiggy ASX:FMG know that we don't?
is there a back room deal here?
we need to see it all on the table asap.
http://m.foxbusiness.com/quickPage.html?page=19453&content=39788027
Fortescue Metals CEO: Proposed Mining Tax Can't Be Justified
Jun 21, 2010 12:50 AM EDT
CANBERRA -(Dow Jones)- Fortescue Metals Group Ltd. (FMG.AU) Chief Executive Andrew Forrest said Monday the government's proposed resource super profits tax was "now officially dead," it can't be economically justified and is harming Australia's economy daily.
If the tax proposal proceeds it won't look anything like the "dreadful economy-smashing" tax that was put forward in early May, he told reporters.
Asked about comments by Treasury Secretary Ken Henry that negotiations about the tax would take months, Forrest said he "wouldn't have thought