Ann: Acquisition of Mid-West Iron Ore and Port Assets, page-87

It’s literally the reason why I chose not to watch - his anticipated smugness would’ve been too cringey for me to tolerate through the whole presentation.

And just like the absurd $10/t savings claim that was PROVEN UNEQUIVOCALLY to be false, I take this new $5/t claim with less than a grain of truth unless he can publish specifically how this supposed saving is achieved.

I am convinced though, even though I can only speculate, there must be an ulterior financial incentive for him with this amateurish purchase because the more dilution he keeps generating for shareholders, the more of a negative impact it has on his unworthy dividend entitlements.

I also wonder what the current top20 looks like compared with the last one published - could be telling.