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$66 billion demand; Japan’s demand for gas to change WA’s resources boom
Topic Started: 21 Sep 2014, 11:13 AM (3,863 Views)
Will
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Drgonzo
21 Sep 2014, 01:41 PM
Spot on, only nimrods that don't understand how projects work can't seem to understand this.
Have to second this,

The vast sums of money that will pour in with these gas shipments aren't going to come to me here in Brisbane. In fact how much money will Australia get from this. A few scraps? A few large multinational corps will reap the benefits, and they quite reasonably and legally will minimise as much tax and royalties that they will pay to a bare minimum.
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newjez
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You really need to learn to recognize govt propaganda bp. This looks like it came straight out of Barnett's press office.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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Jimbo
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newjez
21 Sep 2014, 04:35 PM
You really need to learn to recognize govt propaganda bp. This looks like it came straight out of Barnett's press office.
It is Barny Bear saying "we don't have a debt problem, look how much stuff we are going to sell in the next ten years".

The story pushed this one further down the page.

http://www.perthnow.com.au/news/western-australia/labor-push-for-inquiry-into-was-spiralling-debt/story-fnhocxo3-1227065318824

Even if these optimistic predictions are true, WA has the mining and Gas infrastructure almost all in place and we have passed the peak jobs required to feed these theoretical future demands.

BP has gone very quiet?

Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Drgonzo
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Jimbo
21 Sep 2014, 05:27 PM
It is Barny Bear saying "we don't have a debt problem, look how much stuff we are going to sell in the next ten years".

The story pushed this one further down the page.

http://www.perthnow.com.au/news/western-australia/labor-push-for-inquiry-into-was-spiralling-debt/story-fnhocxo3-1227065318824

Even if these optimistic predictions are true, WA has the mining and Gas infrastructure almost all in place and we have passed the peak jobs required to feed these theoretical future demands.

BP has gone very quiet?
wow:

The move comes after state debt rose from $3.6 billion in 2008 to $22 billion this financial year. It is projected to reach $30 billion in three years

I am actually not a Perth bear but one must wonder how this could coincide with a once in a generation boom in WA.
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Jimbo
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Drgonzo
21 Sep 2014, 05:35 PM
The move comes after state debt rose from $3.6 billion in 2008 to $22 billion this financial year. It is projected to reach $30 billion in three years

I am actually not a Perth bear but one must wonder how this could coincide with a once in a generation boom in WA.
A typical case of counting your chickens before the eggs have hatched.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Blondie girl
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"There's at least another 50 yrs worth of strong demand for WA's fe ore" according to the chief exec boss of Fortescue Metals .

Fantastic news.


Kulganis
21 Sep 2014, 03:20 PM
You do realise these are predictions don't you? No one predicted that Fe would go lower than $100, it was all over the news, the floor was meant to be $110, now it's meant to be $90, and the current price is floating around $80. In fact, everything I read expected prices to continue on an upward trend, everyone was very excited about it, so much so that there were new mines being built based on those predictions, now the chatter is which mines will be left after the rubble is cleared away.

It's you who is deluded, you really want the horoscope to be correct, but it's in the future, and no one knows the future.

I get it, you need the confidence trick to work just that little bit longer, but you've played the game for too long, the people you're trying to trick are starting to work out your methods and they're turning their backs in droves. Perhaps not everyone, but that will come.
Predictions can go two ways.

Getting personal & angry are we?

Not been having enough free luv lately!

Did you spit while you posted that vitriol?
Edited by Blondie girl, 21 Sep 2014, 09:51 PM.
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$
It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged
Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do.
Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
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Jimbo
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Blondie girl
21 Sep 2014, 09:47 PM
"There's at least another 50 yrs worth of strong demand for WA's fe ore" according to the chief exec boss of Fortescue Metals .

Bear shits in the woods.

There will be demand for every single resource on the planet for as long as human beings exist on it.

Meanwhile, back in the here and now, we have finished building more than enough mining capacity to satisfy demand for the foreseeable future.

We are also building lots of houses and units to more than satisfy demand for our dwindling number of highly paid FIFO's.

Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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szokolay
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Black Panther
21 Sep 2014, 02:03 PM
You bears are desperate and totally Deluded.

Read this bit again.
No BP, you're the delusional one. Read this bit again.

Quote:
 
Paul Keating, said it was possible that by 2017 Japan could once


Keeting?
Possible?
It's a pipe dream bp, wake us up if they ever start loading ships.
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Kulganis
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Blondie girl
21 Sep 2014, 09:47 PM
"There's at least another 50 yrs worth of strong demand for WA's fe ore" according to the chief exec boss of Fortescue Metals .

Fantastic news.
Fantastic for Fortescue perhaps, not so great for Australia, maybe a little royalties coming in, but nothing like the windfall we could have if we had copied Saudi Arabia and their government owned oil company. Ask a Nigerian how much wealth and prosperity Shell and Chevron brought to their country, being the largest exporter of oil in Africa.
Quote:
 
Predictions can go two ways.

Getting personal & angry are we?

Not been having enough free luv lately!

Did you spit while you posted that vitriol?
Yes, they can, however until they're fulfilled, no one knows which way the cards will fall. And rejoicing over a prediction is as useful as celebrating after a horoscope tells you that you're going to win the lottery.

No anger, just telling it how I see it, nor is it personal, I hope BP finds his happy place, but I doubt he will. Hope for the best, prepare for the worst, as they say.

This has nothing to do with sex, which seems to be all you think about.

And I think we've established that you're the one that spits around here.
"If man is to survive, he will have learned to take a delight in the essential differences between men and between cultures. He will learn that differences in ideas and attitudes are a delight, part of life's exciting variety, not something to fear." - Gene Roddenberry

"Balloon animals are a great way to teach children that the things they love dearly, may spontaneously explode" -- Lee Camp
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Mike
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Black Panther
21 Sep 2014, 12:49 PM
Must be hard for the bears to admit their delusions about WA crashing are wrong.

Perthite, NewJez ?

This will ensure Perth RE keeps growing strongly, surely you must now accept all your waiting for a post resource boom slump has come to naught ?
They just cannot see the big picture that demand from Asia as a whole is only going to increase many times over as they grow and become richer. It will not be just Japan, China will also be demanding much more natural gas as it moves to cleaner sources of energy. Let alone the rest of Asia including India.

Australia as a whole will do very well over the coming decades. Bears look at the price of Iron Ore and go, yes it is finally happening rather then looking at what is really happening.

I predict with great accuracy in two years from now the Bears will still be here preaching similar stories, just keep waiting, waiting and waiting some more.

I don't know if it will have the huge impact on house prices you think it will BP, but it certainly wont hurt.
http://mike-globaleconomy.blogspot.com.au/
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