OZL 0.00% $26.44 oz minerals limited

romania copper privatisation, page-83

  1. 5,227 Posts.
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    Hi DB1,
    Good find. Mind you, the comment could have been "Australia's government has fallen in a no-confidence vote, as opposition parties seized on widespread public anger over biting austerity measures, cronyism and corruption."

    Sovereign risk can be a real issue and the Aust govt has been no different than others in raising it.

    Did they dodge a bullet? Hard to tell. BHP gave up the Oly Tolgoi tenement due to risk, Rio took it and has benefited by owning the next Escondida.

    I will keep an open mind and not draw a black and white conclusion on this one yet.

    HT1
 
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