re: asic first then takeover panel CLR shareholders should ask themselves where are countries like Japan, South Korea, China, Taiwan, Vietnam, Cambodia and even India going to get their coal from for their numerous power stations and for infrastructure development.
Their needs are now. Not in the future. How do their economy move if there are no electricity or iron ore or coking coal to build bridges, roads, factories and buildings.
If any nation want an Australian resource to develop their country, then pls pay an appropriate price. If not they can't, they can always source the resource from within their own country.
The chinese takeover is unsolicited !
Why have large funds shareholders accepted huge financial losses by accepting the chinese off market bid needs to be investigated. Especially since Bluff was commencing production 1H 2014 ! The cashflow from there would have funded West Grosvenor !
re: asic first then takeover panel CLR shareholders should ask...
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