Hi Aussie,
We all know about the Iron Ore prospect in Thailand. People just conveniently forgotten about it when the panic selling begun a few weeks ago.
There was never doubt in my mind that OZ will get approvals because of the work they have done in Laos/etc. It is all reputation and in Asia that is very important.
Again, I would like to remind people of the strategic relationship in place in Indonesia. That would be a beginning of a new relationship. When I looked through the Xstrata document recently, they do not even have an entrance into this country.
I hope rationality prevail in the long run.
If Zinc is in deficit in 2010 as noted per Xstrata - we will be a comfortable position. Plus Vale is also talking up Copper and Nickel prospects.
JK5
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