Yeah I agree, any number of reasons and they have the financial strength to make their strategies work. The Chinese aren't dumb, Frank summed that up.
Our Gov't should be investing in our mines when they need help the most instead of allowing foreign Govt's the opportunity.
For the $162m stake Ansteel is buying, what return would our Gov't get over the next 25-30 years and more if they invested in Karara- or other mines?
Narghh, let's build new footy stadiums and pay for more single mums to have more babies- that's what the country really needs.
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