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Hey All I agree with recent comments re Argentina V, while we...

  1. 407 Posts.
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    Hey All
    I agree with recent comments re Argentina V, while we may get some concessions from the Argentine government , we may not get the same conseccions from the Argentine ports, Local Rebels or Indiginous communities. Argentina does not have a strong government and the economy is fringing on collapse with -6% growth, basically the Argentine government is currently governed by rebel groups / factions.
    Nothing will get out of Argentina without a heavy tax as the locals are well organised, staving, hungry and desperate.
    IMO: Due to our quality and scope, mining is what put Australia on the world map and carried or export economy for decades.
    Stick with the local projects and build from there, at least we know what and who we are dealing with.
    On another note: it seems the ASX is not delisting HDY but is supporting and giving the new BOD every chance to get it right before lifting suspension.
 
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