mmx wasted a small fortune messing around with jack hills, a lump of waste too far from anywhere. it could have a steel mill alongside it and it wouldn't have made money.
why do you guys think cashmere is any different ? just banded iron formation = waste, worthless junk that the pilbara miners build waste dumps out of.
mmx's holding in cashmere was "strategic". the strategy failed. stop dreaming. wake up... wake up...
