POWER!!!! Fortescue Future Industries, page-335

Mmm …. What was the probability that a company formed in 2003 … would find the worlds largest IO deposit in 2004 … lock-in customers and raise $3.7B in 2006 … build a 280km railway and use it to ship to customers in 2008 (becoming the worlds 4th largest supplier)? Not bad for 5 years?

So … with an organisation built on that sort of can do attitude, FFI may be just as risky as FMG was in its early days. What may seem hubris to some looks more like justified confidence to others. IMO, only a fool would write off Twiggys chances of pulling it off.