Mining Approval, page-2

South Australia is not a mining-friendly jurisdiction. There is literally less political risk for resource projects in African countries such as Botswana and Ghana.

The South Australian Government has squandered virtually every opportunity they've had to improve their financial situation and economy through resources over the past 20 years.

I would not invest any money into South Australia. I can't wait to sell my Rex Minerals stock. I think the company has done a pretty good job, but you just can't rely on the Government. I agree with Alan Bond: it's hard enough to fly over the place, let alone stop, LET ALONE invest any wealth! They are a bit different down there. The opposite of progressive. I am told that there was actually quite a strong opposition to the redevelopment of the Adelaide Oval. The one thing that gave them a chance to move the CBD slightly out of the dark. Who would be against something like that!? What the hell is wrong with the people down there?!

An economic wasteland that does not deserve risk takers' money in my opinion.