Oh well, Labuschagne should not have attempted to be the big-time boy and deal with the seasoned professionals at Glencore for the $1b CSA mine acquisition. Instead, he should have focused all his energy on Torrens and kept Owler informed at all times. In other words, be a team player!
But gleaning from his (lack of) announcements these past few months, it can be seen:
a) how Labuschagne had neither the time nor inclination to focus too much on Torrens while the Glencore negotiations were ongoing
b) how ill-informed the market was on the budget performance of Torrens (seriously, 20% drilling on 120% budget ... when did that occur? today?)
c) how most AIS announcements on Torrens (including today's announcements) appear to be superficial spin
And now Labuschagne has to deal with his jilted lover Owler. It now appears a divorce is imminent, and I wonder what settlement will occur. Hopefully, lawyers don't get too involved, otherwise, us poor kids will be left with very little.
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