jean - I'd say au contraire. Mining and agricultural products produced by Australian businesses and farmers in those sectors have no price controls. The producers are what economists call "price takers".
As such, it takes extra management skill to run and grow your business where such a major factor like "pricing" is totally out of your control. You're left to rely on productivity improvements and cost control - which is why Australian miners and farmers have to be so efficient (and well managed).
- Forums
- ASX - By Stock
- Ann: Introducing Vault Minerals
jean - I'd say au contraire. Mining and agricultural products...
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries