Sovereign risk is high for a country that doesnt understand world trade. Malaysia understands it just so well. Gillard with the mining tax doesnt. South Africa doesnt so well. For example the ANC youth is just happy to have the Zulu reign over the Shona...thats all they worry about..tribes.
If Malaysia was to veto Lynas the average company wouldnt go near them for years ...and they know it.
This is a game set and match situation vaguely flavoured by politics . The Greens or whatever havent got a chance since the average Malaysian loves a livelihood. They dont have Centrelink to slowly grind away a persons need and ablility to work.
I'd rather be a company in Malaysia with its concessions than in Australia.
sovereign risk, page-3
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