The debate at the National Press Club that put into opposite teams Paul Howes and Clive Palmer over the RSPT, did not perform that well.

The debate witnessed absence of some expected mining executives as the miners were out for 'Minerals Week'.

The supporters, who were anticipated as the strongest backing for the opposition of RSPT, were found to be missing from the event.

Talking about the difference between the public speaking of the miners and their supporters, and also the future plans of the industry, it was said that Australian-listed miners had “outperformed the S&P/ASX 200, overseas stock markets and foreign miners” in last month.

Citing reasons for the same, Professor Palmer said that was because everyone already knew that RSPT would never be implemented.

Another factor was the predictions of investment analysts who at that time were telling big investors also the same thing.

Following the editorial cited in the Financial Times supporting the tax, The Chairman of Swiss Outfit Xstrata, Mick Davis, said that Australia's reputation for foreign investment has been damaged and that a risk prevailed on investments in Australian resources, which could get delayed or cancelled.

Palmer's statement was also against Citigroup’s opinion that complained that it was a small possibility that the implementation could delay projects by 12 months.