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
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