Twiggy has a long chequered history of corporate failures.
ANL liquidation 0 to $4.5B back to 0
AGO lost $20B to Gina for a pathetic $20M flip
BWX, lost a fortune
AHZ went down 95% in value after he sold half at the top on yankee shorting as his directors all resigned
MCR, lost $700M cash on broker pumped black hole with NO MILL
PAN invested 6% in paper now in administration and he wont fund or bid for it either
Noront, he outbid BHP at $400M for a black hole in arctic canada in the ring of fire/cr@p
FMG is one of the few successes and even that twice was almost taken of him by Leucadia, Chanos and the yanks.
and then theres POS,
the 2008 ramp to $2 ended in collapse to 15c
then he lent $20M cash & paid himself back from the 18c CR in 2015 stuffing his bankers/investors
then 2015-2019 he let himself get diluted from 33% to 9% to 16% by the yanks/Pershing/Petra/BMM
the whopper was in 2018 when he backed out of a 51% stake by legal bluffs which he & his advisers fell for hook line and sinker scared of Paganin & BMM & allowed BMM to take top holding for peanuts
And then to top it off he sold it all off for a massive wealth loss 13c to 1c
NUTS.
Meanwhile his expensive dufus advisers sold him the emperors new clothes for a $1.2B fortune for cashburning black holes.
He now jets around with the woke elite to Davos preaching climate change & free the slaves yet his jet spews tonnes of emissions & FMG and category 3 emissions from chinese refineries of FMG ore pump out a whopping ~12MTpa in carbon emissions annually
He has managed to make thousands more aussie battlers into slaves after they lost fortunes & life savings on his above failed ventures especially ANL AGO AHZ MCR PAN POS
Its very simple twiggy,
If you want to save the slaves, make them rich, dont destroy their wealth or sack them as workers.
If you want to make a fortune on nickel, buy assets with built MILLS & MINES & PRODUCE not black holes in the desert & dont destroy your own share value & betray your own staff, directors and investors.
If you want to get wealthy run it up from 10c to 1,300c like in FMG not to sub 1c like in ANL AHZ PAN POS
Cf Nickel King Creasy in SIR & IGO, did the exact opposite of Twiggy.
Its not brain science.
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