FML 0.00% 13.5¢ focus minerals ltd

approve the placement i say, page-26

  1. 875 Posts.
    Hi Stefoid,

    So, we want China to buy our gold so we become rich, but we don't want them having a say in any aspect of it. Is that right? Without them buying gold, we are probably stuffed with FML anyway mate.

    Of the $16B invested by China in Australian mining companies over the past 5 years, this current investment represents just 1.38%. $16B in a lot of moolah. We are not a massive country, we need to encourage investment like this. Perhaps we should wonder exactly where the commodities sector may be without the $16B they have kicked in.

    The same Chinese people buy more than 26% of all Australian exports and this does not just include commodities.

    I understand that we have vastly contrary opinions on this matter, but I don't know if we can have our cake and eat it too..
 
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