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The loan would most likely be more then that so no I would guestimate around 30k and where are you getting 6.3% from?

You do realize that mining companies lease for 2-5years and pay all maintenance costs a lot of the time just sayin.

some mines have been around since 1919 and still going strong I think what alot miss is the actual wages for most in these areas is 80k for a rouse about 2nd year they are on about 130-140k mining companies pay a subsidy in queensland anyway for there workers to buy there own homes. also...