Australia's largest stock trading and investment forum Australia's #1 stock forum

:-)

First 5 Last

Share
Profile

Follow
Trees

33,305 Posts.

13

08/01/18

11:05

Post #: 30120122
Share

Originally posted by Welkin31 ↑

Thanks datamachine for posting that list - I note the monster Shenhua at the top. Are you aware of their history of buying the drilled out Watermark coal orebody near Gunnedah from the NSW Govt ~2008 for several hundred $Million? In subsequent years Shenhua kept faith with that deal and would have blown that out to ~ a lazy $Bill buying farms, tidying up exploration loose ends and endless legal battles for the rights to mine. All the while the NSW Govt shifted regulatory goalposts against them. Google - shenhua watermark coal mine news.
A note for those not familiar with NSW politics - the Shenhua purchase in 2008 was at the same time ALP Resources Minister Ian McDonald was corruptly granting 3 or 4 coal EL's to mates including Eddie Obeid.
Here we are 9 years and counting - will Shenhua ever mine and sell a ton of the coal they paid NSW Govt so much for? I have a stack of refs on file but keeping this short.

Expand

Last edited by Trees: 08/01/18
Upvote

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ALY

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 1 more message in this thread...

First 5 Last