insaf, mining at cockatoo is not worthless and the numbers show it.
i) WEG as a JV partner and ii) management's horrendous performance from locking us into a grossly unfavourable pre-sale agreement with Rizhao to finding a $40m hole in the accounts after the release of a prospectus is why we are here..
i've written the whole thing off so if they fold so be it... if not whatever i pull out in the years to come i'll treat as a bonus..
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