Australian Politics Forum - what a GRUB clive palmer is

cods

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what a GRUB clive palmer is
Feb 16^th, 2016 at 1:40pm

http://www.afr.com/news/politics/long-list-of-safety-issues-at-queensland-nickel...

he administrator for Clive Palmer's failed Queensland Nickel said a number of "red flag" issues relating to environmental and occupational health and safety management at the ageing refinery could force its early closure.

Quote:

Queensland Nickel was placed into voluntary administration on January 18, only days after 237 workers were sacked. The company has total debt of more than $100 million and is bleeding cash, with fears about the future of the remaining 500 workers.

Quote:

One problem related to the stability of the tailings dam – containing dangerous material like ammonia and other waste – which independent environmental consultants have estimated could cost more than $10 million to fix.

Quote:

FTI Consulting director John Park said the accounting value of the business was "worthless" because the main assets of the refinery were held by Mr Palmer's parent companies, QNI Metals and QNI Resources, which were not placed in administration.

"There are limited assets available to be realised. The only items of value could be contracts and licences. The chairperson [Mr Park] further advised that the business is incurring a loss of approximately $50 million a year," the minutes said.

looks like palmer creamed everything he could out of the place..

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Black Orchid Gold Member Offline Posts: 5824 Gender:	Re: what a GRUB clive palmer is Reply #1 - Feb 16^th, 2016 at 1:46pm cods wrote on Feb 16^th, 2016 at 1:40pm: looks like palmer creamed everything he could out of the place.. Would you expect anything else?
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Sprintcyclist

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Re: what a GRUB clive palmer is
Reply #2 - Feb 16^th, 2016 at 1:49pm

cods wrote on Feb 16^th, 2016 at 1:40pm:

http://www.afr.com/news/politics/long-list-of-safety-issues-at-queensland-nickel...

he administrator for Clive Palmer's failed Queensland Nickel said a number of "red flag" issues relating to environmental and occupational health and safety management at the ageing refinery could force its early closure.

Quote:

Queensland Nickel was placed into voluntary administration on January 18, only days after 237 workers were sacked. The company has total debt of more than $100 million and is bleeding cash, with fears about the future of the remaining 500 workers.

Quote:

One problem related to the stability of the tailings dam – containing dangerous material like ammonia and other waste – which independent environmental consultants have estimated could cost more than $10 million to fix.

Quote:

FTI Consulting director John Park said the accounting value of the business was "worthless" because the main assets of the refinery were held by Mr Palmer's parent companies, QNI Metals and QNI Resources, which were not placed in administration.

"There are limited assets available to be realised. The only items of value could be contracts and licences. The chairperson [Mr Park] further advised that the business is incurring a loss of approximately $50 million a year," the minutes said.

looks like palmer creamed everything he could out of the place..

cods - he bought it with that tailings dam being 'an issue'.
With nickel prices high, it was viable, dam included.

Prices dropped and it is not viable.
The dam situation has not changed.

I am certainly not backing hm. I dislike his 'ethics'.

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cods

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Re: what a GRUB clive palmer is
Reply #3 - Feb 16^th, 2016 at 4:48pm

Sprintcyclist wrote on Feb 16^th, 2016 at 1:49pm:

cods wrote on Feb 16^th, 2016 at 1:40pm:

http://www.afr.com/news/politics/long-list-of-safety-issues-at-queensland-nickel...

he administrator for Clive Palmer's failed Queensland Nickel said a number of "red flag" issues relating to environmental and occupational health and safety management at the ageing refinery could force its early closure.

Quote:

Queensland Nickel was placed into voluntary administration on January 18, only days after 237 workers were sacked. The company has total debt of more than $100 million and is bleeding cash, with fears about the future of the remaining 500 workers.

Quote:

One problem related to the stability of the tailings dam – containing dangerous material like ammonia and other waste – which independent environmental consultants have estimated could cost more than $10 million to fix.

Quote:

FTI Consulting director John Park said the accounting value of the business was "worthless" because the main assets of the refinery were held by Mr Palmer's parent companies, QNI Metals and QNI Resources, which were not placed in administration.

"There are limited assets available to be realised. The only items of value could be contracts and licences. The chairperson [Mr Park] further advised that the business is incurring a loss of approximately $50 million a year," the minutes said.

looks like palmer creamed everything he could out of the place..

cods - he bought it with that tailings dam being 'an issue'.
With nickel prices high, it was viable, dam included.

Prices dropped and it is not viable.
The dam situation has not changed.

I am certainly not backing hm. I dislike his 'ethics'.

that was in 2009... and he has driven it into the ground....check the link... hes has cleaned out Qld Nickle .. it wasnt that long ago he was begging money from the STate govt.. yet now the administration says it cant be saved.....well well well..

I am betting the crafty sod has done the same to everything else he has a finger in....not even leaving crumbs for the rats.. Angry

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Aussie Gold Member Online OzPolitic Posts: 39685 Gender:	Re: what a GRUB clive palmer is Reply #4 - Feb 16^th, 2016 at 4:58pm Quote: it wasnt that long ago he was begging money from the STate govt It has been explained to you many times. That is 100% untrue. Why do you keep repeating that lie? What is the point if you have to just make stuff up to mount an attack. It is so easily beaten off, and you look pretty dumb as a result.
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mariacostel

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Re: what a GRUB clive palmer is
Reply #5 - Feb 16^th, 2016 at 6:56pm

Aussie wrote on Feb 16^th, 2016 at 4:58pm:

Quote:

it wasnt that long ago he was begging money from the STate govt

It has been explained to you many times. That is 100% untrue. Why do you keep repeating that lie? What is the point if you have to just make stuff up to mount an attack. It is so easily beaten off, and you look pretty dumb as a result.

It very much IS true. Your defence of CLive no-matter-what isnt honourable. IT IS STUPID.

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Aussie

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Re: what a GRUB clive palmer is
Reply #6 - Feb 16^th, 2016 at 7:17pm

mariacostel wrote on Feb 16^th, 2016 at 6:56pm:

Aussie wrote on Feb 16^th, 2016 at 4:58pm:

Quote:

it wasnt that long ago he was begging money from the STate govt

It has been explained to you many times. That is 100% untrue. Why do you keep repeating that lie? What is the point if you have to just make stuff up to mount an attack. It is so easily beaten off, and you look pretty dumb as a result.

It very much IS true. Your defence of CLive no-matter-what isnt honourable. IT IS STUPID.

Produce one link which supports the contention that Palmer had his hand out to Government for cash. Your ridiculous and false assertions are becoming tiresome.

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Dnarever Gold Member Offline Australian Politics Posts: 61230 Here Gender:	Re: what a GRUB clive palmer is Reply #7 - Feb 16^th, 2016 at 7:20pm His fall out with the Liberal party has cost him dearly.
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Aussie Gold Member Online OzPolitic Posts: 39685 Gender:	Re: what a GRUB clive palmer is Reply #8 - Feb 16^th, 2016 at 7:33pm Dnarever wrote on Feb 16^th, 2016 at 7:20pm: His fall out with the Liberal party has cost him dearly. It cost them much more in donations lost, a Queensland Government lost, and control of the current Federal Senate lost. I'd say he's done pretty well.
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mariacostel

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Re: what a GRUB clive palmer is
Reply #9 - Feb 17^th, 2016 at 7:42am

Aussie wrote on Feb 16^th, 2016 at 7:33pm:

Dnarever wrote on Feb 16^th, 2016 at 7:20pm:

His fall out with the Liberal party has cost him dearly.

It cost them much more in donations lost, a Queensland Government lost, and control of the current Federal Senate lost. I'd say he's done pretty well.

The QLD government was not defeated by Clive. It was beaten by its own incompetence. The Libs never had control of the senate. Nothing changed, plus 2 of the 3 abandoned him pretty quick.

Your defence of the Fat Fool makes you look desperate and foolish.

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greggerypeccary Gold Member Offline Australian Politics Posts: 150278 Gender:	Re: what a GRUB clive palmer is Reply #10 - Feb 17^th, 2016 at 7:44am cods wrote on Feb 16^th, 2016 at 4:48pm: .. it wasnt that long ago he was begging money from the STate govt.. Why do you make up these lies, cods?
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John Smith Gold Member Offline Australian Politics Posts: 78311 Gender:	Re: what a GRUB clive palmer is Reply #11 - Feb 17^th, 2016 at 7:46am mariacostel wrote on Feb 17^th, 2016 at 7:42am: The QLD government was not defeated by Clive. It was beaten by its own incompetence. The Libs never had control of the senate. Nothing changed, plus 2 of the 3 abandoned him pretty quick. Qld doesn't have a senate
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Redmond Neck Gold Member Offline OzPolitic Posts: 22960 ACT Gender:	Re: what a GRUB clive palmer is Reply #12 - Feb 17^th, 2016 at 7:48am Another Hansonish one term wonder! He cant even turn up for Parliamentry sittings Boot the porker out!
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Sprintcyclist

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Re: what a GRUB clive palmer is
Reply #13 - Feb 17^th, 2016 at 7:53am

Aussie wrote on Feb 16^th, 2016 at 7:17pm:

mariacostel wrote on Feb 16^th, 2016 at 6:56pm:

Aussie wrote on Feb 16^th, 2016 at 4:58pm:

Quote:

it wasnt that long ago he was begging money from the STate govt

It has been explained to you many times. That is 100% untrue. Why do you keep repeating that lie? What is the point if you have to just make stuff up to mount an attack. It is so easily beaten off, and you look pretty dumb as a result.

It very much IS true. Your defence of CLive no-matter-what isnt honourable. IT IS STUPID.

Produce one link which supports the contention that Palmer had his hand out to Government for cash. Your ridiculous and false assertions are becoming tiresome.

yes, Mr Plamer wanted the QLD govt to fund QLD nickel.

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greggerypeccary

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Re: what a GRUB clive palmer is
Reply #14 - Feb 17^th, 2016 at 7:57am

mariacostel wrote on Feb 16^th, 2016 at 6:56pm:

Aussie wrote on Feb 16^th, 2016 at 4:58pm:

Quote:

it wasnt that long ago he was begging money from the STate govt

It has been explained to you many times. That is 100% untrue. Why do you keep repeating that lie? What is the point if you have to just make stuff up to mount an attack. It is so easily beaten off, and you look pretty dumb as a result.

It very much IS true.

No, it isn't.

If it was, you would have produced a link by now.

Why do you persist with these lies?

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