I met with a colleague today that supplies a lot of mineral project infrastructure projects. He sees a massive recovery on now based on his enquiry levels and thinks that its all good again.
Was he a salesman by any chance? Who paid for the lunch?
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
I met with a colleague today that supplies a lot of mineral project infrastructure projects. He sees a massive recovery on now based on his enquiry levels and thinks that its all good again.
Alot of companies cut back during the period of all the China doom and gloom. It was expectations of things to come which now appear may never come.
What has happened is Chinese growth is stronger then expected and growth and demand for resources looks set to increase at an increasing rate rather then the opposite. This is reflected in much stronger commodity prices and increasing export volumes.
Companies will now change their outlook and recent examples are announcements of $6 billion of mine expansions in WA in recent weeks.
I do not expect any investment boom like we have had in recent years but I do expect solid investment over the longer term with high export volumes and elevated prices.
Demand is simply to strong from our major export markets and increasing. So while you're friend is only one example it would not surprise me if this was a trend based on the current market and expected market in the medium term.
Alot of companies cut back during the period of all the China doom and gloom. It was expectations of things to come which now appear may never come.
What has happened is Chinese growth is stronger then expected and growth and demand for resources looks set to increase at an increasing rate rather then the opposite. This is reflected in much stronger commodity prices and increasing export volumes.
Companies will now change their outlook and recent examples are announcements of $6 billion of mine expansions in WA in recent weeks.
I do not expect any investment boom like we have had in recent years but I do expect solid investment over the longer term with high export volumes and elevated prices.
Demand is simply to strong from our major export markets and increasing. So while you're friend is only one example it would not surprise me if this was a trend based on the current market and expected market in the medium term.
Feel free to provide links... Rio expansion has not even reached final approval so dont bother with that one.
Capex cant take a break.
Browse onshore took a big hit yesterday and now again today. Very unlikely now.
So how is Perth going on RP Data then? Roaring ahead? Are we looking at 15% yet in this buying boom? Funny, the bulls have gone quiet about RP Data? Steinberger? Mike?
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
So how is Perth going on RP Data then? Roaring ahead? Are we looking at 15% yet in this buying boom? Funny, the bulls have gone quiet about RP Data? Steinberger? Mike?
Haha another spam. Sounds like desperation Newjez you should know better. Is this the beginning of your correction, another bold claim for you to make and be wrong again. Come on give us you're prediction on what is going to happen now, since all your previous predictions have been wrong.
Haha another spam. Sounds like desperation Newjez you should know better. Is this the beginning of your correction, another bold claim for you to make and be wrong again. Come on give us you're prediction on what is going to happen now, since all your previous predictions have been wrong.
Ohh, after the sleding I got two weeks ago, I think I'm entitled a small gloat. FWIW - all it means is that RP Data is a shit index for the Perth market, and shouldn't be used. I'm not sure about ABS - but I'm always wary when the indexes are so far out of whack.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
Ohh, after the sleding I got two weeks ago, I think I'm entitled a small gloat. FWIW - all it means is that RP Data is a shit index for the Perth market, and shouldn't be used. I'm not sure about ABS - but I'm always wary when the indexes are so far out of whack.
Oh dear, so now all of a sudden ABS is not to be trusted, WOW how the tune changes when it does not support you're view.
For you're information, ABS was less then 1% higher then RPdata at that time. RPdata was the most accurate indices to match the ABS figures.
Offcourse you don't like it as it shows high growth rates, no wonder you prefer indices which show solid but slower rates of growth. You're view will change once again when those indices show higher growth in the months ahead.
It is going to be a very disappointing year for you.
Could you state the index's you don't like or the ones you will use 100% guaranteed so we can know what you trust. Or will you just flip and flop to what index suits you're view point at the time, certainly seems like it.
Oh dear, so now all of a sudden ABS is not to be trusted, WOW how the tune changes when it does not support you're view.
For you're information, ABS was less then 1% higher then RPdata at that time. RPdata was the most accurate indices to match the ABS figures.
Offcourse you don't like it as it shows high growth rates, no wonder you prefer indices which show solid but slower rates of growth. You're view will change once again when those indices show higher growth in the months ahead.
It is going to be a very disappointing year for you.
Could you state the index's you don't like or the ones you will use 100% guaranteed so we can know what you trust. Or will you just flip and flop to what index suits you're view point at the time, certainly seems like it.
I don't use rpdata. The others are fine, but when they are at odds with each other, we are clearly going through a transition that will only become clear in time. We are at a turning point.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
What has happened is Chinese growth is stronger then expected and growth and demand for resources looks set to increase at an increasing rate rather then the opposite. This is reflected in much stronger commodity prices and increasing export volumes.
Companies will now change their outlook and recent examples are announcements of $6 billion of mine expansions in WA in recent weeks.
I do not expect any investment boom like we have had in recent years but I do expect solid investment over the longer term with high export volumes and elevated prices.
Demand is simply to strong from our major export markets and increasing.
You really are a complete fuckwit.
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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