Ann: Resignation of CEO, page-54

the financiers have a lot to loose and the under lying business is sound - so it's worth seeing if the ponds/salt harvest prior to the plant works. i think the issue here is a bunch of people are used to buckets of capital and a product that was simple/easy fast to market, worth a fortune.....FE ore is a very output driven business, ie the more u out put the more u sell and it the input costs once capital is done arw very cheap.....these things are much more akin to precious metal operstions, have manage capital - have to make sure you input products are good or you loose a lot of quickly.....Brett H was a Rio study guy before IOH......I think the board should be looking so a different type of CEO