carbon tax - shock/horror

As per today's OZL quarterly report:-

"OZ Minerals is not expected to incur a direct carbon tax impost

While details of implementation of the tax remain to
be confirmed, it appears that OZ Minerals will see
increased costs on fuel used in vehicles via a
reduction in the fuel tax rebate of about 6 cents per
litre.
It also appears most likely that a further indirect cost
to OZ Minerals from the carbon tax on scope 2 and
scope 3 (for example costs incurred via increased
Australian rail freight costs) emissions will be passed
on by suppliers.
The costs for OZ Minerals associated with the carbon
tax proposal are estimated to be between $7 million
and $10 million dollars per year"


Fantastic news. The world is not about to end..... at least for us OZL shareholders.