AOH 0.00% 12.0¢ altona mining limited

The Chinese government haven't halted overseas mining...

  1. 30,333 Posts.
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    The Chinese government haven't halted overseas mining investments;

    they're simply satisfying themselves that the projects are sound.

    SRIG needs the extra time because they're being subjected to a higher degree of scrutiny (translation: due diligence process, go read the anns again).

    This is old news.

    It is also not news that the Chinese govt doesn't want to lose money.

    Understandably, the Chinese govt is on high alert given some extremely expensive delayed or failed projects in Australia,
    (Clive Palmer and litigation with the Chinese ring any bells? Sinosteel and Murchison metals cost blowouts, delays etc tell you anything about why the Chinese might be cautious? That's just for starters).

    Nothing you have said clarifies this situation.

    In fact, talking as if the project is likely to fail this heightened scrutiny is consistent with your usual posting standard of fear mongering.

    (Remember your banging about imminent disaster from AOH containment dams in Finland? Suddenly you became a repeat and taunting bragger about holding the very company that bought that supposed problem from AOH. Funny about that.)

    Finally you end on a cross ramp. Funny also. What a lot of laughs we get from you osake.
    Last edited by dolcevita: 06/12/16
 
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