ARH 0.00% 0.5¢ australasian resources limited

merger, page-4

  1. 1,750 Posts.
    Perhaps its time to have a CLOSER look at Wayne Swans recent missives in regard to foreign(Chinese) ownership of Australian mining assets. Go offshore and the companys chances of approval are up in smoke. The problem is that even though Clive occupies two seats in business class he has but one vote in a Federal election.
    Think about it. Australia in a serious recession and a Labor Government giving another Chinese project approval. I suspect Citic may be last. The expressed desire to have a foreign sourced construction workforce has given state and federal labor governments convulsions.Politically this is dynamite. Even Costello wouldn't let Shell do what it wanted to Woodside and the reward has been Australian ownership of Pluto, a project Dutch Royal Shell may never have commited to. How many friends does white shoe(Joh for Canberra) Clive have in the Federal Government....anybody?...anybody?
 
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