"Yep Smedley and Plummer over extended with debt. At the...

"Yep Smedley and Plummer over extended with debt.
At the operational level, G Waters ( CEO Mining) and S Hamer ( CEO Steel) , struggled with negotiations, costs, and communication, both have subsequently left."

Negotiations, costs and communication issues are totally reflective of the ARI Board and where they are today. Rather than sit down and do the hard stuff as required they have a 'strategic review', then get UBS Lazard on board as 'advisers'.

Complete corporate dingbats who should be made to walk the plank into Corporate oblivion.......