Just posted this on APG's forum...
I've just a just a quick flick through the posts on here and the biggest stumbling block is the time it takes to get things moving. The financing and logistics just take years which as an investor is such a draining process and that’s why some of you are going for each other’s throats. Do I know the feeling!
AZC have taken 10 years of my life pushing, pulling and nearly drowning to get this far. I have spoken to a number of international professional people within the industry and they all say the same (not having a go here and maybe they are dead wrong!) that it is simply the Aussie pace of life.
A Chinese guy will answer the phone at 2 in the morning because he has no choice, is eager to put the leg work in and is expected to.
The same Chinese guy calls an Aussie early evening and all that they can hear is the kids in the background splashing about in the pool that the MD salary can afford. If you like and you are flying the flag, yes this might be 1 in 100 I don’t know for sure, not bitching here as a Pommie just passing on what I was told, another perspective if you like!
That is why I am hoping and praying that AZC get the BFS completed in 2013 and then OZC who make no secret that they want it, step in and do AZC a deal with a cut into something worthwhile.
Please don’t get your backs up but just maybe as an MD the money is fantastic, time is not a real issue and the pressure to deliver is not that big, yet!
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