Top stakeholders are likely seeking more than a share in production profits; they may aim for a premium takeover with actual behind-the-scenes ownership by the CCP. Additionally, holding a 100-year lease on the Darwin port gives them the ability to transport and bring resources home at their expense, employing their own workers at Chinese currency rates.
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Acquiring mines in close proximity to its ports demonstrates China's strategic brilliance. This approach not only streamlines the transportation of resources but also enhances efficiency and cost-effectiveness. By securing ownership of mines near their own ports, China establishes a logistical advantage, ensuring a smoother flow of materials and a tighter grip on the entire production chain. It's a savvy move that aligns with long-term economic planning and bolsters their position in global resource management.
Top stakeholders are likely seeking more than a share in...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $13.89M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $39.62K | 372.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 133788 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 33515 | 1 |
View Market Depth
| Last trade - 14.12pm 06/05/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
-0.005 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 10.5¢ | 10.5¢ | 10.5¢ | 68644 | ||
| Last updated 14.12pm 06/05/2024 ? | |||||
| LPM (ASX) Chart |