Padbury’s mystery man revealed

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From the ASX, Padbury Mining has confirmed that Roland Bleyer is the mysterious private equity player behind the $6.4 billion deal to resuscitate the Oakajee iron ore project. Padbury has extended its trading halt. From The Oz recently:

It might have been just another TV interview, save for the fact that a well-lubricated Willesee slurred his words and used the phrase “bullshit artist” as he questioned Mr Bleyer, who at the time ran a chain of hair regrowth, weight loss and cosmetic surgery clinics.

I should have offered to fund it myself!

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.