What else would you expect. White collar trash was running this...

What else would you expect.

White collar trash was running this company not hands on Chemical Engineers, Metallurgists or Mining Engineers. Smedley, Plummer, Ms James, Mr Waters, Mr Edler, Bakebeans Bakewell, and 3 submissive useless idiots on the board (Nankervis, Warnock and Davis) were totally responsible for blowing up this public company.  

They have to be brought to account - shareholders should have them in court if we get nothing back.

The disastrous buy of WPG in October 2011, the appalling 5 year take or pay contracts with haulage companies, the decision to push away a takeover offer at 75 cents in 2012 (later increased to 88 cents), Smedley's continued dismissive arrogant leadership of the level of debt they had, and then the sheepish $754 million capital raising at 48 cents - where no mention was made in the key risk and disadvantages section (of the rights issue prospectus) of the very significant initial and ongoing closure costs of Southern Iron Ore Mine (out to June 2017).