I wonder how many bottles deep Gerry was at a Friday lunch before making this investment decision?
Whilst he probably dealt on market for a decent amount of volume (I was probably selling into him at the time), I really don’t think he carries any weight in terms of credibility when dealing in the mining space.
At least he will be able to use the tax write off coming his way from his Quintis investment.
Any publicity is good publicity for LPi at the moment. Likely to have put the company on a few more radars courtesy of the AFR article.
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