Going backwards.
Still no mention of set up of fertiliser distribution business in Malaysia on very expensive land. The fertilizer business looks in trouble from low cost producers in Africa with ability to ship at very low cost to Asia.
CII has not be able to negotiate with the current Government an lease extension and with the prospect of a Labor government in future there will be no chance of an extension of mining leases.
The only positive business opportunity is the supply of diesel to Christmas Island.
Where to next?
Going backwards. Still no mention of set up of fertiliser...
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