Ann: Annual Report to shareholders, page-63

With iron ore price is dropping.....Government revenue will correspondingly drop/shrink.....! Have you ever thought?

With nearly a trillion dollar in debt, government abilities to fund major projects would diminish over time....and more so, low AUD would create inflationary pressures you wouldn't have seen before!

Check-out mid year budget update in Dec 2021that would give you a preview what to come next?

You don't need to forget that China's economic rise has been a blessing for Australia for the last 20 or more years. If China is in trouble that would mean economic trouble in some shape and form here too!


As far as VMS is concerned, I sold out my share holdings last last week or so for a meagre profit thinking wider emerging economic scenarios from the Evergrande and energy crisis in China.

This Chinese economic problem is real and isn't going to end soon! Take a lesson now before it's too late!

DYOR