NRZ 0.00% 1.3¢ neurizer ltd

Special case for NRUP

  1. 1,216 Posts.
    lightbulb Created with Sketch. 2714

    Has Australia's resources become a sovereign risk?

    Our Korean backers (DL E&C Co) may already think so.

    Because of the Federal Governments' meddling in the process, which has no merit because it has been a process authorised and backed by the state government over several years, Australia as a place to invest, risk losing being in the Frazer Institute's top ranking.

    Their actions may have a significant impact on the mining sector as a whole (as others are also affected) therefore, there's a possibility that the federal government has portrayed Australia to international investors as a sovereign risk.

    Now, when the country and farmers need a dependable and affordable source of fertilizer, we are at the mercy of rising shipping expenses from imported material from unreliable nations with questionable ESG practices – we have no sustainable supply of our own.

    Once fully reviewed by the Feds, I wouldn't be surprised if the NeuRizer Urea Project will be treated as a special case.

    AIMO, DYOR GLTA(patient)H
    Last edited by Mallyrock: 23/01/24
 
watchlist Created with Sketch. Add NRZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.