AZJ 0.59% $3.37 aurizon holdings limited

azj has withdrawn its application for a naif loan re the galilee...

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  1. 90 Posts.
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    azj has withdrawn its application for a naif loan re the galilee basin rail line which would have serviced the proposed adani mine as well as other potential customers - to me this looks like some sort of political bargaining move

    "Aurizon's withdrawal from the NAIF process frees the Labor State Government from the need to make an awkward decision about whether to allow or veto the loan, following pressure from anti-coal activists."

    http://www.abc.net.au/news/2018-02-...cation-galilee-basin-rail/9414074?sf181677906
 
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