brett manning a quiet achiever

Fifteen years of running my own super fund, and a full set of burnt fingers, have been convincing evidence of the absolute necessity of having a good manager running the show.

At FWL, Brett Manning has simply not put a foot wrong. They have defined an adequate ore reserve, have power and gas to the site, have a bitumen road for the 200 km straight to the port, have confirmed that the planned iron metal production process works with their ore, have obtained an MOU with Geraldton port covering storage and shipping of product, and now have what appears to be a customer lined up for half their production (who is also willing to contribute to the capital cost).

On top of that, all the sums appear to have been done conservatively, at prices below what is currently being achieved, and well below what is forecast by the time they come into production.

My biggest fear is that he will be headhunted by much larger companies, who clearly need his management abilities.

Cheers, Prime