so let me get this straight?

So Premier Colin Barnett has been working to make this project a
reality for over a decade, and has been negotiating a deal with Citic,
a $430 BILLION Chinese conglomerate.

But now he is going to abandon all that and deal with PDY, who have
the Yilgarn IP which was already rejected in 2008, who can't even get
it together enough to say where the money is coming from to satisfy the
ASX and ASIC.

And to top it all off the Premier says "the Govermnent had had no dealings
with the company"

Sounds feasible!!!!! I'm buying it, literally.