have you considered what they would have been if he had of just stuck to iron ore instead of pissing billions against the wall over the past few years?
The reason these projects are now being canceled is that the glory days days of Iron ore pricing are now gone and so has the free cash flow to do so.
If only he had of just used some business sense and just stuck in his lane.
As iron ore creeps back under $100 per tonne, as a shareholder you would have to be annoyed looking at all the wastage of the past few years.
no wonder the big instos are selling out and new buyers aren’t jumping in.
Ann: Management and Organisational Update, page-85
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