I have previously posted that the road will be bumpy and there is/are no guarartees' when it comes to investing in highly speculative staocks, that is a given.
However as a business man myself, when I invest I do not anticipate interference from government/s for the sake of political points.
CXY was closed down due to ground water concerns,fair enough, these have all proven to be negative in recent tests. This brings me to my point:
Anna Bligh is riding a wave of good opinion polls in relation to the floods, regardless of her Governments ability to govern.
The Minister and the CEO of DERM are in each other pockets, this is obviuos as the CEO would never of got or keep his job if he was not a "yes man" to the minister. Thats how it works.
Therefore why would a Government riding high on opinion polls due to the floods even consider disrubting the flow of good polls by suggesting there was a minor chance of poluting the ground water. Water being the key word.
Its all about being re elected. Not the future, not the investment, being returned to power, simple as that. Thjs project is too dangerous as it has its risk (what does not) and its against CSG.
On the other hand all things happen for a reason, natuaraly LW will have a contintuancy plan in place which I look forward to reading in the coming days.
An appauling set of circumstances.
Hotnickel
TFHN
TCS
Add to My Watchlist
What is My Watchlist?