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Not quite. Given the price rises, the shareholders would be better off if they just sat on their leases and paid a capital gain. However, there are laws again
by teyc 16y ago
Not quite.
Given the price rises, the shareholders would be better off if they just sat on their leases and paid a capital gain.
However, there are laws against that too.
I believe government policy needs to consider resources are finite. The tragedy of the commons that is being played out at the moment prices the resouces at $0 for the future generation. Just like the way we are pricing fisheries. It is insane.