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I was at a property investing seminar the other day and one of the attendees said that BHP are looking at putting a whole heap of dongas in Moranbah. I dont know how substantiated the comment is, but just thought I would let you know of the “rumour”.
Thanks guys for the great responses! Just to clarify I am in Brisbane but would be happy to buy anywhere in Australia. I am looking to build real wealth and as many properties as I possibly can. I have one already and need to get more, it will need to be on the lower price end and probably cash flow positive. Catalyst which one are you referring to? They do want a lot of money for their “Mentoring services”- up to $10,000…
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