Ann: Pause in Trading, page-84

Naysayers had down ramped Fortescue Metals the same way as you and your supporters now do, before they started productions. They were completely insolvent and Price Waterhouse when approached even laughed at Andrew Forest, believing he would never be able to finance his rail link to transport his treasures to a port out of nowhere. They had even reminded him in a condescending manner about his bankruptcy history on Anaconda.

Believe me, there are many smart and visionary investors prepared to fund the project once the ML is ministerially signed off.