A joke post, right?....are we waiting for the Australia Fund to invest in all the potential projects which are out there? It won't happen....they prefer to invest in shopping malls in the US...or our nationalistic local fund managers who are solely concerned with their performance, vis-a-vis their competitors and who notoriously shun opportunities to be early investors in great projects because the time lag between investment and return is too great? (Why wasn't an Australian entity the key investor in GBG, rather than Angang?)
I think you'll find that the deep pockets to invest in risky new ventures are mostly off-shore because those investors have greater vision than the likes of K Dudd and cronies who can only see the next election...they know the average Aussie city dweller wouldn't have a clue and through sheer disinterest allow these frauds to muscle through momentous changes which will set the Aussie mining industry back generations. Australia does not have a lien on all the resources in the world and allowing other countries a free kick is madness in my view.
Patently the Comrade Dudd's propoganda is working.
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