"........a friend of mine high up in RIO said their resource was crappy magnetite and totally uneconomic, and besides Twiggy was a con man that could talk anyone into backing his rubbish...look at Annaconda, what a failure[now Minara])....."
Just goes to show how lazy the local instos and this friend of yours are. Failed even to get the type of ore right as they failed to even give Forrest the time of the day. The so called analysts were all saying surface miners are not going to work. Now I believe both BHP and RIO are seriously trialing surface miners. Minara BTW is a hugh cash cow. It was only a failure in corporate play by Forrest then.
who held for the last 3 years, page-20
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$17.70 |
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