LRS General Discussion, page-15956

When miners and explorers are at a real risk of significant and unpredictably changing goal posts from local, state and Federal governments, pertaining to royalties, taxes, labour and operating costs, I call that a sovereign risk.

Recently, BHP vs QLD,

SVL vs NIMBY's (the State NSW govt seems to be supportive although current court proceedings recently completed parliamentary inquiry, but equally restrictive at this point, boxes ticked so far..this is not a promo ).

Rare Earths(Particularly ARU, Iluka, Lynas) vs China..(below, credits Forbes)

Countless others are simply running out of cash due to the extensive head winds of Red tape, Green tape, Indigenous tape, Socialist tape and the government shenanigans mentioned above.

With the Lithium price challenges, it will be the final nail in the coffin for many in Australia. This will only amplify as the Chinese chase Brazilian and Afghan Lithium. The Chinese, with BRICS, will prioritise BRICS countries and their immediate partners for resources, those which have lower costs, and are faster to market as a result..

Australia is well into the 'too expensive and unpredictable" basket.

We are lucky in LRS...dodged a bullet, methinks.

all imho.