former banker eh? then you also know how murky and grubby this finance game can be.
All other things aside, I believe he did very well with Cliff Head, at least we were able to deploy cash into an asset that is producing with minimal down time after the indo shemozzle.
Plus now at least Indo has an upside to us without being involved in a corrupt country, through non-operated royalty cashflow from PT Enso Asia (PTEA), though it seems to have disappeared off peoples radars and any reference to this removed from the triangle website...
TEG - What would you pay?, page-31
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