Article Numner 2..
Andrew Forrest is a man with big ambitions. He is now the CEO of Fortescue Metals, a mining group which does not yet own any infrastructure. Forrest istalking about a new iron-ore project in Western Australia and his upbeat reports about the concept have helped the share price of Fortescue to soar.
The stock has risen by 700% in the last 12 months. However, the company does not havemany concrete achievements.
There are no mines, no railway lines, no ports and no exports of iron ore.
Forrest is good at sending a consistent flow of upbeat information to the markets. His shares in Fortescue may now be worth hundreds ofmillions of dollars
smooth-talking andrew forrest - shifty?
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