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Re: QR going national?
- Subject: Re: QR going national?
- From: "< Tell >" <telljb@OZozemail.com.au>
- Date: Sat, 09 Oct 1999 19:54:44 +0930
- Distribution: world
- Newsgroups: aus.rail
- Organization: From Home with WinNT4 through, Ozemail Australia
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David Johnson <trainman@ozemail.com.au> wrote:
>
> I have no idea. I just pointed out that you had made a statement without facts.
Fair enough, that is my fault, however I knew from
being around a long time that QR did not get into the
position it is today because of some of the reasons
advanced by posters to this group.
>From 1963 through to 1973, QR actually made a small
"profit" until 1974, then the losses began, eg 1977/78
they lost $52 million.
But, something happened to turn that all around, Bowen
Basin springs to mind.
QR is where it is today because Queensland has some 25%
or more of the Worlds best steaming coal and they haul
it at a price, nothing wrong with that, I think it is
great that QR can make some money out of this.
Australia is a mine to the rest of the World and we do
not get near enough for our minerals.
That's why QR are in excellent shape and I suspect you
know that.
----Terry Burton
Alice Springs NT
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