Leaving aside the fortunes and vicissitudes of the mining industry, Solid Energy’s numbers have been up and down by so much that if this was in a private company, you would start to wonder.
Source: The New Zealand Treasury – data released under the Official Information Act.
Taxpayers barely saw a cent of those multibillion-dollar valuations of just a few years ago for a company now under receivership. I doubt the ride was worth the price of passage for the taxpayer.
Source: The New Zealand Treasury – data released under the Official Information Act.
Source: The New Zealand Treasury – data released under the Official Information Act.
Utopia, you are standing in it! 
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