GXY 0.00% $5.28 galaxy resources limited

galaxy - doing biz in china?, page-9

  1. 344 Posts.
    There have been numerous ways the Chinese have used to hijack foreign investments after the funds have been invested and foundations setup.

    For example, they could allege that the Company received bribes (corruption) during construction of the plant, hence the authorities (ie. govt) is going to seize the property.

    The one thing going for GXY is that the resources are physically in Aus, giving them significantly more leverage on the bargaining table.
 
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