ARI arika resources limited

Lower AUD cushioning IOP, page-3

  1. 19,436 Posts.
    lightbulb Created with Sketch. 207
    Four months into the collapse and no good news to deliver.
    They seem to be pinning the future on a continuing decline in the AUD and other Fe miners shutting first. So that's the plan. Looks like the Steel market is doomed globally? Probably doesn't matter as long at the union members and bureaucrats keep being well paid. After all, the spending of their take-home salaries is now the basis for all economic activity in Australia. Everyone else be damned.
    Last edited by asteroider: 05/01/15
 
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