"Andrew may have some what lost his way but to bet against him would be at ones peril."
Now do Anaconda nickel, the Sun Cable project, as well as Gibson Island and Universal Hydrogen.
In iron ore, he was basically at the right-place over the past decade when China happened to be scrambling for every tonne of iron ore it could get.
Those days are over.
Hint: Get hold of a book called "Fooled By Randomness: The Hidden Role of Chance in Life and Markets" (Author: Nicholas Taleb). Taleb tables a concept he calls "alternative histories" which basically means that the outcomes of investments need to be assessed, quality-wise, not just at face value, but in the context of whatever alternative histories might have come into being.
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Ann: June 2024 Quarterly Production Report, page-76
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