Ann: Yibin Tianyi Withdraw FIRB Application, page-78

Hope it is BS too. Because if it is not the ramifications will be problematic for Australian exploration plays.

This is from the NTU announcement so either they are also lying or telling the truth, which because of this gives somewhat credence to what AVZ is saying. Whether Tianyi had a go-slow strategy is another matter btw because it would appear, if what AVZ is saying is true, was caused by that delay which then became more problematic when the guidelines changed around strategic minerals and FIRB.

Well, I hope it is a case of no foreign investment in strategic minerals as against no Chinese investment (but European/USA investment welcolme). Given China is Australia's largest resource export market, payback can be a 'pain in the arse' if more refusals are made targeting only the Chinese. Obviously depends on how truthful is what AVZ is saying is, but there is leverage given teh refulsal to NTU the other day.

All IMO