Another positve way to look at this situation is Woodside, the...

Another positve way to look at this situation is Woodside, the North West Shelf gas venture they operate was originally 100% theirs. There were serious money problems to the point where the companies own president put his hand in his own pcket to keep the dream alive. The gas project now has 5 parteners most of them big players including Shell. Woodside had to sell of its stake piece by piece untill it started making money from 100% down to 16 % that it currently owns now. Was woodsides stratagey any good ? judging buy its $41 dollar share price its huge Woodside building in the perth CBD and the fact it accounts for 40% of australias energy exports I would say ABSOULTLY !! I know GBG is Iron Ore and all that but im not asking for $41 maybey we could aim for $5 one day ))) Have a great day and think positive !!