BAL bellamy's australia limited

i have been privledge to speak to Marcus Blackmore about China...

  1. 569 Posts.
    i have been privledge to speak to Marcus Blackmore about China three weeks ago and I can say that negotiations with the Chinese have been extremely difficult and it is not an over reaction of the market. I have been made to believe that China just changes the gold posts when ever they like and these matters are far from resolved. Marcus will not sell his shares as he is aware of the message it sends to the market unlike Laura .
    China wants its share of tax and that is the real equation but it also needs bal and Bkl to service there people.
    Guys that's why I got out of these companies and Laura just sealed the deal for me
 
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