China: Hey arrow, give me all of your CSG acreage in australia otherwise i will take away your unproven, speculative and conditional permits in china, which i might or might not do in the future anyhow. Depends on how im feeling.
Arrow: oh sheeesh, ok :(
grafton give me a break.
China has no leverage whatsoever in the scenario you have just described. If it did, it would pull the same trick on every mid tier iron ore company and BHP would not have got the recent 99% increase in iron ore prices from japan either.
I like a bit of speculation. It's fun for the majority of the time where nothing actually happens. But put some thought into it.
This whole "the commo's are takin over" nonsense needs to stop.
AOE Price at posting:
$5.07 Sentiment: None Disclosure: Not Held