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platinumstandard

2,417 Posts.

47

29/11/14

15:52

Post #: 14377993
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Originally posted by loki01 ↑

When will CITIC finally get the message and shut its crappy Oz IO operations? They must be losing money in a big way, even though they have been allowed to bring in a lot of their own labour from China.

Clive Palmer deserves a gold medal for selling them that dud project and turning himself into a billionaire as a result and a national icon (or sorts). Go Clive, our future PM (if he does not die from a hamburger induced heart attack beforehand).

No doubt BHP, RIO and Vale will drive CITIC's operation into the dust.

loki

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Loki, there is something called "face" in China. CITIC made a huge mistake but I doubt any of those decision makers are prepared to admit it.

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