geothermal in China, page-9

@goggledog - 'Hmm, makes me wonder what the f*** is actually going on in China???'

It is familiar story on the ASX, the 'great' china story, the billions of $ potential etc etc etc & all that happens is that the company & shareholders get shafted. As with FLC, my hope is growth will come from ROW & that they will play fair. china is a law unto itself & IMO best to fire the entire china gravy train, move on & concentrate on ROW - go ask RIO how their extract resources/Husab 'deal' with china went - that's how they do business.

Personally when I am looking at an investment I value any china potential at zero, in fact as a negative as it carries a failure cost.

Trump is in the process of finding that out at present. It will be interesting to watch that play out.
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