BCK 0.00% 2.4¢ brockman mining limited

IMO, investments from Communist China in Austraia is welcomed....

  1. 10,494 Posts.
    IMO, investments from Communist China in Austraia is welcomed. China if acting morally should not be discriminated. However, it has to be genuine investments and not veiled attempts to exploit and take advantage of Australia and Australian business built on hard work and risks.

    Make no mistake. Only a fool would think Kevin Rudd and Colin Barnett don't know Wah Nam is a Chinese front (a limo company LOL!) used to take over Brockman in very questionable circumstances to stealthy make their move into the Pilbara.

    Although at 18MT allocation which the Chinese have (at South West Creek), the state and federal governments are probably not too greatly concerned.

    The ERA representng the interests of Western Australia and indirectly the Commonwealth has given Brockman (the trojan horse of the PRC) a superficial victory for obvious reasons and has in effect given FMG plenty of opportunities to fight and stall Brockman's attempt for a free ride.

    It is not in the national interest to Australia to grant SUBSIDIZED rail access (let alone unfairly being imposed upon a great Aussie company taking massive risks in investing in the infrastructure) to China whose methods used in acquiring Brockman is well documented here. Make no mistake, it ain't the Limo compay Wah Nam that got the loot.

    http://tasmanianrealestatetrouble.blogspot.com.au/2011/05/great-iron-ore-swindle.html

    As if anyone still has any doubt.

    http://www.businessnews.com.au/article/Brockman-signs-MOU-with-China-backer

    One should go to the ERA website and see AGO's and WINMAR's objection to Brockman's attempt to ride without a ticket. Argy Bargy doesn't work in Australia. There is a thing called the rule-of-law.

    China should have no illusions. If CHINA doesn't pay her way, then Brockman is still stuck. FMG has many avenues to drag this out to eternity. If the NDRC thinks that hiding behind a limo company can get them a free ride, dream on.

    Reading between the lines, the ERA has open up many avenues for FMG to fight the case and crticially STALL. There is no way FMG will subsidize the Chinese communist regime while BCI and AGO and Winmar do the ethical and moral thing and pay their way.

 
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