Did the point go right over your head?
I was talking about the FACT that even huge mining companies, who employ the services of all sorts of legal and business and technical “experts”, can and do make terrible mistakes and illustrate terrible judgement on occasion.
Rio Tinto - specifically - is no exception.
Ps. Why were they “out” by over $100M (iirc) on their estimate to get their 3ktpa Rincon plant going?
Surely their experts and bean-counters had all their “due diligence” and “plans” in place and couldn’t possibly have been “off” by that much…?
pps. Eagerly awaiting the links to their monthly updates….?
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