I think this is an under-rated business.
Obviously a fanastic resource, and I think in the longer term picture iron ore is better than most people think. The story is moving on from Chinese demand to whether the bigger companies can actually maintain supply.
More than happy to have a small team scouring further opportunities. People who nitpick on this argubaly shouldn't be investing in anything full-stop, there are always some transaction/friction costs to any asset.
Ann: Chair and Managing Director addresses to AGM, page-6
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