Makes me laugh every time NC gets slagged off here when he invested 10 yrs for the $10m or whatever he realised when Bhappu, 2 VC's, the Giant Squid and other insiders ripped $3BILLION out of Moly in a little over a year.
Strongly suggest some of the subsequent action, token repurchases, selective write downs, Board rotation, etc are a premeditated defence ahead of divorce proceedings as I don't think the "kids" are going to fare terribly well in the property settlement. Interesting one to watch, from a distance, but then again I may be too presumptuous.
off to 32c and beyond soon ?, page-126
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