You can add the failed Austeel deal and the failed Russian swapping ginger for ore deal to that list.
Which is precisely why strong corporate governance, financial discipline and real transparency were required, to engender confidence and credibility.
Personally what Palmer did in the past is his business and i am not slighting him for it.
But at this crucial time the last thing we need is some smart butted journo linking the current "snout in trough" behaviour with the past failed attempts.
If the market for ARH shares over the past 24 to 48 hours is any indication , the negativity is increasing.
Hopefully MCC will come good. Maybe Dom and Dazza could their some of their options with the people at MCC who will hopefully come up with at least 75% of the total readies required.
Fu#$%king smart prikks.
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