Essentially, the rugby player's move is more about quantity than quality.
That only works if the lower net margin from the volumes shipped exceed the higher net margin from the quality shipped.
I have zero confidence, given his poor track record, that John will manage this.
And I'm still trying to find the past announcement relating to milestone shares being allocated to them - I can't recall if that only applied to them shipping from the SCN resource or not.
*because if it's not, it would make a lot of sense why he's done this stupid move.
Ann: Acquisition of Mid-West Iron Ore and Port Assets, page-26
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