Who says there isn't sovereign risk in Australia?
Why don't you ask some of the mine mangers they will tell you.
-Plenty of political corruption NSW.
-Environmentalists holding things up to ransom. The waste issue is still out there(whether real or imagined like LYC).
- Native title issues.
- The currency seems to be moving all over the place.
- Mining tax.
- Carbon tax.
Austrlian's like to brag (imagine)no sovereign risk, but what is it that held up Tomingly? and why has the DZP project taken forever >> 10 years to get up (assuming it ever does).
lessons to be learned, page-9
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