LRS General Discussion, page-15966

Ahh ,Comrade Punkey, I was missing you !

HNY.

Sovereign risk was NEVER on the table for decades of Labor and Liberal governments ,until Comrade Albo showed up.

Threatening the Japanese with contract termination on the long term LNG gas deals ,one of Australia's best long term customers!!??

Then comrade Anastasia ,slugged the coal industry with the highest coal royalties tax in the world .

Silly girl ,anyway she is now ex comrade now.

So Dyno is correct ,not totally, but sovereign risk, IS NOW ON THE CARDS IN AUSTRALIA , and to be fair, the red tape/green tape /native title is beyond all Federal Governments, as the courts decide this . Previous Government included.

I agree with one of the other posters, but I can't remember who, that Oz investors are wrapped up in WA, as we are number 1 exporter on the block at the moment.

That's fine ,hits are good, like Canada ,but the sovereign risk is, getting into production.

Look at CXO.

First of many .

Many OZ/Canadian miners are now going to be not viable at the current Li price .FACT.

We are close to a bottom, but as JL said not until late 2024.