Ann: Market Update, page-20

I think the company went into a nose dive when its entire board died from a plane crash in 2010, under what seemed like dubious circumstances.

A recurrent theme here is the need for new management. Guilio has proven he can't deliver.

I have plenty of ideas to get this deal done while offsetting risk, but I have a feeling this could be a slow bleed to finally either sell off cheap or just run it into the ground and give it away.

At the moment China is a risky partner for business dealings with Australia, but that could actually play in the favour of deals in Africa as China looks to diversify its access to raw materials.

Time will tell but I'm not holding my breath.