Chris has contacts up to his armpits. His Dad Doug was being heavied by some big holders of Niagra(later Posseidon) who were trying to take over effectively interfering in the daily operations. Dougs mate from the seventies was a young stockbroker .......he became a "Grand Legume".Thats how the Richest man in Australia ended up as Chairman of Posseidon Nickel. It was a personal intervention by Forrest as a favour for an old mate..............thats how the West works folks.
USN Price at posting:
14.5¢ Sentiment: None Disclosure: Held