And that my friends is how one succeeds in the geopolitical business game. Demand every one else open up their markets whilst using your market as a tool to achieve your goals. chinese did it to PDN, COCKATOO COAL and no doubt many others that I don’t know about out. At least they are buying BAL at more reasonable price than when they tried this in 2014.
to all who agree with this sale, what u gunna do with the worthless paper? I posed the same question when SANTOS was on the cusp of takeover and the greedy ones who only care about today wanted that company sold. NO future streams, no growth, no business to invest in. Enough of us yelled And fortunately the chairman and board pushed back.
Chinese have got us just where they want us. Very soon, check mate
BAL Price at posting:
$13.19 Sentiment: None Disclosure: Held