ASM 3.11% 78.0¢ australian strategic materials limited

Like most announcements by Scomo & Bubba Louie it has a big...

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    Like most announcements by Scomo & Bubba Louie it has a big headline number but is spread over a long time frame, meaning it might disappear or be eroded as each budgets passes during that time.

    As we know from the $2B Drought Fund & $2B Bushfire Recovery Fund, the procedure for claiming will make successful application near impossible. Indeed, one could say very little of the $2B is ever likely to leave government coffers.

    There's something very Scarlet Pimpernelish about $2B promises. For claimants it will be a case of:
    “We seek it here, We seek it there
    Indeed we seek it everywhere
    Is it in heaven or is it in hell?
    Those damned Feddies hide it far too well.”

 
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