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J L

1,903 Posts.

177

23/01/24

22:59

Post #: 72031897
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Originally posted by Mallyrock: ↑

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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You're dreaming, mate. But why not, there is very little else that can be done to save NRZ.

NRZ Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
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