Ann: Change in substantial holding from WNI , page-18

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  1. 2,333 Posts.
    So, if Wah Nam gets control what is to stop them from mining the ore and selling it to their backer in China for effectively nothing. They could effectively run the company at a loss and get paid indirectly under the table by the backer/s. The Australian Government will see nothing. The BRM holders will see nothing. Once the ore leaves the country, who knows what happens to it. Can the Australian govt. really allow this to happen? This is truly bewildering.
 
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