ARL 5.21% 50.5¢ ardea resources limited

Hey Squash,When they (Philippine's) allow the Chinese to come in...

  1. 3,323 Posts.
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    Hey Squash,
    When they (Philippine's) allow the Chinese to come in and export unprocessed high grade class 1 nickel (basically pay) in tonnages that make the eyes water, to the extent they manipulate and devalue the international metal price to loss making below production cost levels in a cash grab.
    THEY DESERVE WHAT THEY GET.

    I am quite happy that the mines are now starting to either run out, or run thin on reserves, prompting a review.
    The Pilipino government are waking up to the stupidity of their policies and about time. I hope they enforce onshore processing as well.
    They can only sell it once and to export bulk dirt for processing offshore is the height of stupidity IMO.
    Take heed Australia.

    Indonesia, Philippines, PNG, DRC are all falling for the trap, and guess what, China won't say thank you, they will just move on leaving them floundering.

    Its actually to our benefit and I sincerely hope we are in the end game when it comes to financing Ardea's Goongarrie project
    RED
 
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