[LINK] A Comparison between Pig Farming and Mining.

Mon Apr 2 15:43:49 AEST 2012

Quote from:

Yada yada yada ...

Are you functionally incapable of thinking for yourself?
---
On 02/04/2012, at 2:56 PM, TKoltai wrote:

> 
> There are two schools of thought when running a piggery.
> 
> School of thought process number one.
> Select the largest and fattest pigs to be slaughtered first, this
> results in higher return by volume (makes the numbers look good, NOW).
> Alternative School of thought.
> Take the largest and fattest pigs and make them the breeders of the next
> generation of bacon. 
> 
> In the 3,599 years of mans recorded agricultural history, experience has
> taught man that it is common sense to make the largest and healthiest
> animals the seed stock for increasing future profitability and from that
> seed stock build additional sustainable wealth.
> 
> Quote/ from:
> [http://www.abs.gov.au/ausstats/abs@.nsf/Products/D5FA0E97E0C7F421CA2578
> 9C0023E04A?opendocument]
> 
> Mining showed weaker profits in 2009-10, with OPBT decreasing $11.9b
> (18.8%), EBITDA decreasing $15.8b (21.5%) and IVA decreasing $19.1b
> (17.9%). The percentage decreases in these aggregates are the highest of
> all the Total selected industries. The Mining industry was impacted in
> 2009-10 by lower commodity prices, which was the primary driver in these
> items decreasing.
> 
> Even with declining profits, Mining remains the largest contributor to
> OPBT (18.9%) and EBITDA (17.9%), but has dropped to be the second
> largest contributor to IVA (from 12.8% in 2008-09 to 10.6% in 2009-10 of
> Total selected industries).
> 
> Depreciation and amortisation is a significant element of the cost
> structure of Mining, and represented 13.3% of its total expenses in
> 2009-10, the highest proportion of any selected industry.
> 
> In 2009-10, Mining had the highest capital expenditure ($45.6b), highest
> wages and salaries per employee ($117,500), highest sales and service
> income per person employed ($1.06m) and profit margin (33.4%) of all the
> selected industries.
> /Quote
> 
> Seed stock, long term value
> Pre-packaged Ribs, short term value.
> 
> The Question that the left should be asking is, how can we use the
> Mining companies as seed stock for increasing commercial opportunities
> (therefore consolidated revenue) and decreasing unemployment (and
> consequent social welfare costs).
> 
> I believe the other day I suggested that the Mining Companies might be
> interested in a scheme whereby they were required to invest in
> entrepreneurial, regionally based start-ups that would create a truism
> of the seed stock concept.
> Appropriate investment would increase their involvement in the
> community, improve their public relations image, help stem the flow of
> young people away from regional communities and no doubt increase their
> bottom line. 
> 
> Of course derogatory "It's his fault" is so much easier than being
> entrepreneurial and creating a solution.
> 
> I have learnt that Australia is predominantly a land of Social Welfare
> enabled Tall Poppy harvesters all armed with well sharpened scythes.
> 
> They've got the gold, let's just take it.... Yeah! Lynch Mob. Yeah Yeah
> ! 
> 
> I seem to remember a similar movement in Russia abut 95 years ago. I
> think it was called Marxism. How did that turn out ? I believe that the
> oligarchy continued by merely changing it's ruler and that those rulers
> were at least as (if not more) blood-thirsty than the previous
> aristocracy.
> 
> Taxing the rich always sounds good in theory by those that don't
> understand the fundamentals of economics. Yet history has shown us that
> short term (one term political or Board of Directors appointment,)
> profit taking is always bad for the economy, the country and people.
> 
> Our only saving grace is the two party political system whereby the
> virgin voters create balance by voting for the other guy, about every 12
> years. Just in time to fix the extremes of the incumbents mistakes.
> 
> Let us not re-enact Les Miserables. We're the lucky country. Yes, some
> are more lucky than others. But probably because they stopped whinging
> and got off their arses and actually had a go....   
> 
> (Les Miserable? The Peasants starved when they discovered that the
> cupboards were not actually self replenishing.) 
> 
> Disclaimer:
> I have no relationship to the mining industry. 
> I hold no shares in the mining industry.
> 
> TomK
> 
> 
> 
> 
> 
> 
> 
> _______________________________________________
> Link mailing list
> Link at mailman.anu.edu.au
> http://mailman.anu.edu.au/mailman/listinfo/link