1) Can RIO plan their long term investment in Australia? If they can, then can they be allowed to keep Rhodes Ridge Project for their long term planning?
2) Can Australia Court and WA Gov simply take Rhodes Ridge Project back and give it to Caz so that Nathan McMahon simply sell it to FMG and pocket $100mil profit?
3) Should Rio and its partners simply give up Rhodes Ridge Project and let Nathan McMahon sell it to FMG with $100mil profit?
4) Can FMG simply use big $$ to help Caz kick Rio and its partners out of Rhodes Ridge Project?
If life is as simple as that then Rio or other Big investors should pack up and leave Australia for somewhere else. Because in a free market or capitalism, investors should have their full right for a long term planning. This benefits them as well as the whole country. They can't be forced to dig up every thing at once and sell in certain time. That is why WA Gov has used "public interests" to solve problem before.
This case might take years to finish and at the end who will pay all costs? Any way, must wait and see the court result!
This is not my advice. I may be wrong. I am not shareholder of Caz or Rio. Please DYOR and good luck to Caz share holders.
CAZ Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
