Jimmy,
Its ludicrous to state that he"is not capable of stitching up a deal"
Clive wants to do things his way but he has been pretty successful,so maybe his way is the right way.Even if the float is beyond his capability at present he still has the option of forging a private venture with Chinese state-owned enterprises.WHATEVER YOU SAY ABOUT HIM,HE STILL OWNS A MASSIVE AMOUNT OF IRON ORE AND COAL RESERVES!
This is the man who had the foresight to peg those tenements in 1985,sold the ground to Citic for $US415 million upfront&future royalties,and obtained the China First coal devt thru a $140 mill takeover of Waratah Coal during the GFC.That project is now worth about $1billion.And yet U cast doubt on his deal making ability.The reasons why nothing has happened so far are multi-faceted and have nothing to do with his competence.
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