MMX 0.00% 4.7¢ murchison metals ltd

how can weld range be viable, page-2

  1. 8,877 Posts.
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    Sino is owned by the Chinese govt. This money they have spent is chicken feed.

    Just maybe china is getting very very pissed off with gillard . Raising costs are out of control and maybe china Inc has had enough.

    Most can see this but can't accept the reality that china may scale back it's investments in Australia and look elsewhere or just have a pause.


    "CHINESE state-owned company Sinosteel says the Gillard government's proposed mining tax is just one of six ''ever-increasing'' concerns it holds about conducting business in Australia, reinforcing controversial remarks by a Chinese diplomat this week."

    http://www.smh.com.au/business/sinosteel-echoes-cost-concerns-20110707-1h4of.html


 
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