the next ph???, page-15

For all of OH's later failings, he was a good operator and knew what he was on about. He would have known about ROC and would have had very very good reasons to expend more money than absolutely necessary. I cannot agree with the "blind faith" comment. Normal business checks and balances rule out blind faith. Every capital investment decision I have ever been involved in at my workplace is peer reviewed, then independently peered reviewed and then reviewed by accountants who do not want to spend the money so they look for reasons to stop it.

I would be surprised if OXR did not have the same process.

HT1