Iron Ore Price, page-1857

"RIO made a blunder "bitter pill" defense buying up Alcan"​

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I would be suing the Chemist that dispensed this bitter pill.

Let's face it, this was one of the biggest and most costliest mistakes in Australia's corporate history, that stuffed up RIO for years to come.

Reality is that they have even admitted that they paid a huge price, for a totally over valued and loss making asset, the yanks were rubbing their hands, when Tom Albanese came a knocking at their door, what an absolute fool.

"Bitter pill" my backside, funny thing, when RIO/BHP made mistakes, somehow there is a logical reason that absolves them, we are talking $30.0b going up in smoke, not even a tonne of the drug "ice" could be as bitter.