BIG burrendong minerals limited - withdrawn

what are peoples views about the chinese visit, page-11

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 659 Posts.
    I don't understand what the chinese would be interested in. RAU could have paid more for Mt C as they had the funds but decided against it. So we have to assume that Mt C isn't something that needs chinese input. And the rest of the projects that RAU are running haven't yet turned up any significant mineral resources to warrant a mining infrastructure. If RAU did have a significant discovery then they would have to release it to the market and couldn't keep it under wraps while they negotiated with the chinese. I guess the chinese could be looking at taking a large stake in RAU as a way to legally buy other interests in oz, or maybe they are just after cheap shares that they can sell off a month later like the malaysians. JK does seem to be the sort of guy you could hoodwink twice with the same trick. Other then that I'm struggling to understand what the chinese are after.
 
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Currently unlisted public company.

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