Agree with pretty much all of that.
However, the HC experts haven’t got a clue what’s going on behind the scenes, what’s written into contracts, but routinely crap on as if they know better. Some things like Glencore o/t deal and finance are seemingly obviously poorly done, but even then we don’t know the background, the deal conditions.
Measured critiques are fine, but should acknowledge limited information and also circumstances in which decisions by management are made.
Now, where’s that Glencore $$$$ ? Talk about painful.
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