the gov should protect Capital assets ..
money has been spent/wasted by Australians everywhere ..building huge mining operations that now may be mothballed (expensive maintenance costs)
WHY ..
should AGO with 13mt pa need to go broke by the hands of RIO BHP flooding markets?
or MGX 10m tons pa be a threat to BHP/RIO now pushing IO down to the point of mgx destruction ??
or GRR 2.5 mt pa be a threat to BHP/RIO ???
why destroy every other honest industry player trying to make a buck for family and country too ???
its Immoral and un-Australian ..
I thought we were a charitable bunch ... sharing and caring for the underdogs ??
not BHP/RIO holders with their flooding policy .. that's 4 sure
AGO Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held