yep - he has all his ex FMG harem there, and doesn't like to be challenged. exactly right regarding, dig a few more ponds and hope like hell that we get an ok result. I'd suggest they got expert advice to try the idea, with a good does of high risk. Iron ore is a very simple business, dig and deliver, once your are up and running and have rail it's almost impossible not to make money. I do wonder when the board discovered the problem - welcome to the world of MD's vs CEO and the alpha male leader.
SO4 Price at posting:
31.0¢ Sentiment: Sell Disclosure: Held
