OZL oz minerals limited

This is the response I got from Wayne Swan's Office regarding...

  1. 34 Posts.
    This is the response I got from Wayne Swan's Office regarding the Minmetals Takeover of OZL and I had my 2 cents worth on the matter in my email..... The only problem was that their response was in relation to the Chinalco/RIO deal. I really think their minds are somewhere else and not truly focused on the real problems...... Have a read

    "Thank you for taking the time to write to the Treasurer. The Chinalco proposal is complex and the Government requires time to examine it fully.

    The Government has issued an interim order which provides an extra 90 days to examine this proposal against the national interest principles released last year.

    These principles examine the applicant’s commercial conduct, independence of its government, and the proposal’s impact on competition, on the target and the community, on revenue and on national security.

    All proposals that come before the Foreign Investment Review Board must pass the national interest test held within the guidelines.

    I have passed your comments on to the Treasurer and thank you once again for taking time to send your thoughts and concerns.

    Kind regards"

    I might as well sent an email with my concerns to Makemepoor, same result....
 
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