The CITIC project is gargantuan and it defies belief that the chinese who financed it didnt know what they were doing.Your assertions that you have been to Conakry,know a senior person in BHP etc etc,ad nauseum,are meaningless unless we know in what capacity you accomplished these feats,who you are and where U R coming from.For all we know you may have served in the catering or domestic services division of the companies you allude to have been an"insider" of.Instead of confabulation we need facts and substantiation.Talk is cheap... Clive wants to do things his way but he has been pretty successful,so maybe his way is the right way.Even if the float is beyond his capability at present he still has the option of forging a private venture with Chinese state-owned enterprises.WHATEVER YOU SAY ABOUT HIM,HE STILL OWNS A MASSIVE AMOUNT OF IRON ORE AND COAL RESERVES! This is the man who had the foresight to peg those tenements in 1985,sold the ground to Citic for $US415 million upfront&future royalties,and obtained the China First coal devt thru a $140 mill takeover of Waratah Coal during the GFC.That project is now worth about $1billion.
ARH Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held