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BCI today, FMG tomorrow?, page-2

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gttrain

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12/12/15

11:19

Post #: 16600274
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Originally posted by moorookamick ↑

Unless our Federal Government steps in and curtails
Iron Ore export volumes we are quite likely to see
all our small producers close down up to and including FMG, IMO.
Then we will likely see BHP & RIO snap up the tenements for two
bob or worse, the Chinese & Indians.

Our slavish adherance to a so called "Free Market " policy is absurd
when our major buyer, China, is centrally controlled via that country's
Communist Party.

We are now getting 50% of what we wer getting a year ago for our IO
while we are paying 30% more for Chinese imported goods containing
manufactured Aussie iron ore.

Are we stupid or are we stupid?

Moorookamick

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If history is a guide,......they will do bugger all. Otherwise they would have been acting long before now.
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