Kingsley J.’s Post

View profile for Kingsley J., graphic

CIO of Jevons Global Pty Ltd

On the new #FIRB rules... "Fast-tracked treatment will be given to so-called “frequent flyer” investors who are regularly before the Foreign Investment Review Board, as well as investments in non-sensitive areas such as professional services, mining of non-critical minerals, commercial real estate and new housing." Since I have done extensive work on the non-China market for critical minerals, like rare earths, and know that there isn't any of significance, it is pretty clear where a local minerals investor should focus. Target anything that is NOT on the #CriticalMinerals list. There is NO serious Western market for critical minerals, which means you have to sell to China, which means you are not going to get anywhere. However, the non-critical minerals are fine. Great news for #gold, #uranium and #copper. These are in bull markets, so we are good. Of course, the fully paid-up moron contingent from don't-think-tank land will soon be along to screw that one vibrant section of our mineral economy. Hopefully, we can make some money before they f888k that up too.

Michael Winternitz

Director of Projects - WIM Resource Pty Ltd at WIM Resource Pty Ltd

6mo

Lets hope you are wrong:) haha

Like
Reply

To view or add a comment, sign in

Explore topics