Hi petey888
Could you give us a reference as to where this QR line is to be built.
Someone had a shot at me regarding numbers. This QR deal is 3.5 billion. To go it alone you have to add the cost of a stacker reclaimer yard with all the relevant infrastructure as well as ship loading facilities and train unloading and that is not counting at mine infrastructure. I suspect all that would take you closer to 10 billion than some think.
The reason this court case could be seeing the light of day is the shady deals from the past. Any society starting from a corrupt beginning will try to rectify and improve the situation of it's citizens. My belief is there is a high likelihood of this thing going through.
I suspect it is based on wether or not this will form part of MMK companies core business. He may have to prove he is actually going to use this iron ore. To get to Turkey is it not via the Cape then into the Med. How does he get it to Siberia? During WW2 aid went into Russia via Iran. I can't see that being the route, especially with the prospect of war. If he can't prove to the court he will use the IO then little Helen may win.
My belief is Viktor wants the Company, possibly to unsell. Remember they have not drilled the hills and some believe we are sitting on 1.5 billion tons.
Just for argument sake if he sells the Pilberra part for a small profit, he has the rest for nothing and the rest aint chicken poo. Where does Citi sit in respect of this? Remember Citi is the Grandson of John P Rockerfeller. These guys when they run the numbers are usually right.
The 268 Russian Emigre who left NewYork harbour 1n 1917 (Lenin was one) courtesy of Khan Long and Co well their great grandchildren are still there and possibly are related to you guessed it, the guys on the East Side of NewYork, funny that is where City Bank is headed. It has come full circle.
This is not right win bull, it is history. For what it is worth Khan Lobb wanted a return on investment and I suspect Stalin thought just killing the lot was a better deal, but the kids lived on and a lot survived. I suspect Viktoy may be related to the early inner circle or the basic power group.
In 1948 Abe Rubenstein (previous job minister of finance for Lenin) with the help of Doc Evatt obtained permission of the Australian Government to set up the Pilberra as a homeland for the settlement of the displaced Jewish peoples of Europe. The UN met shortly after and with the one vote of Joe Stalin the UN gave Palestein to the Jewish people as a homeland. This interesting story is covered in "The controversy of Zion". We sometimes forget history.
You can't ignore background to events. You can't ignore the people who create history and their families, they keep propping up. They do in English and American History, why not Russian. Other than his birth in 1948 we know nothing of Viktoy.
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