Lithium & The Future, page-2398

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Lowkeyinvestor

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05/05/18

17:12

Post #: 32906770
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Originally posted by #422 ↑

Noticed the political thoughts above - here goes. Allowing foreign interests to stake out massive numbers of mineral tenements for next to nothing ,with inadequate mining taxes is pretty amazing- who will end up owning Altura?- eg take a look around Broken Hill on minview - look up Perilya and Panda Mining and the beneficial owners of tenements owned by Pacific Rimfire for example etc etc.

And beyond this if you want to think about whats wrong and what can be better a few suggestions: mass immigration just props things up for the 1% - Turnbull's people; everyone else and our children get screwed. To take Australia forward we need to play to our strengths not try to compete with low wage Asian slave class /masters model. Way forward is massive increase in science budget with an inalienable (cant sell this component ) 25% interest in all IP created to be owned by this nation and big uptick in govt service to maximise IP (intellectual property) and commercialization of same. Next item is 3-5% of all superannuation (and reasonable stable returns) to invest in each of these items: food security especially to small and medium farmers , no sales of agricultural land offshore. Next is big increase in vocational/trade education , next is full fibre to the premises real NBN, not malcolm's fake version. Next is 100% renewables by 2030 and stop ICE sales in 2030 so that we have energy security and a few hostile submarines between us and the Singapore refinery and the lack of a strategic fuel reserve don't bring us to our knees in 30days. Next is massive expenditure on public transport for the choking cities. Next is develop a full blown North Korea style cyberwarfare capability so that our precious few subs can get back off the bottom where the hackers send them in the first 5 minutes and others can know we have capability. Next is to make the use of all Tax havens (even the one the fund malcolm invests in -that Dastardyari exposed - uses ) illegal and 45% tax or gaol. Next is to tax google and amazon and facebook etc to pay for proper journalism. And stop corporate tax avoidance offshore by limiting how much can be classed as 'retun on IP back to Ireland in the case of Apple for example). Next is to stop allowing deductions for exploration for unburnable fossil fuel exploration . No political donations AT ALL , political campaigns financed by public and capped expenditure. And the list goes on. There would be many other good ideas. Its not rocket science - it just treads on the toes of the powerful.

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Fanatical politicians get in the way of common sense.

AJM Price at posting: 36.5¢ Sentiment: Buy Disclosure: Not Held
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Lithium & The Future, page-2398

Western Mines identifies 2 high-grade zones at Mulga Tank in WA

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Lithium & The Future, page-2398

Top Stories

Western Mines identifies 2 high-grade zones at Mulga Tank in WA

Altair Minerals hits high-grade copper and gold at Wee MacGregor, QLD

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Siren Gold boosts antimony resource by 66% to 14.5Kt at Auld Creek, NZ

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