FORMER Macarthur Coal boss Ken Talbot says that currently an unprecedented buying window in the resources sector has opened to investors.
Talbot became one of Queensland's richest men when he sold his stake in the mining business at the top of the market in 2008 for about $700 million.
Talbot claims that the decisions made this year will underwrite businesses for the next 10 years. He is extremely bullish about the global economy's potential to bounce back to pre-crash levels, saying the next boom would be even stronger than the last one.
Talbot claims there has been under-investment in supply and infrastructure and the world will be short of coking coal and energy.
Add a comment