is michael kiernan worth the punt, page-23

Kiernan on the comeback trail




The collapse of a contentious net of inter-company loans caused well-known mining figure Michael Kiernan to be ousted from three boards. The ex-truck driver has many critics, though others praise his ability to get things done and his philanthropy. Kieran admits he has made mistakes in the last 18 months and says he plans to operate on a smaller scale. A recent 13.4 per cent investment in Redbank Mines suggests he has not abandoned empire-building