http://www.abc.net.au/news/2014-04-02/government-defends-free-trade-deals-with-key-asian-countries/5362564
Now Aus govt has signed FTA with south Korea, any Korean company can acquire Bandanna's assets for nominal amount, maybe a dollar, and if the QLD government continues to stall on approvals or block or delay the project to threaten the company with bankruptcy due to commitments, the Korean company can simply sue the government for full recompense, a privilege Australian shareholders do not have.
http://www.abc.net.au/news/2014-04-02/government-defends-free-trade-deals-with-key-asian-countries/5362564
Finally this project will see the light of day, but it wont be in Australian hands when it does. How good is it being an Australian shareholder in an Australian company?
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