Dryblower and the long downhill slide of Lourenco Goncalves

IT’S bad form to kick a man when he’s down but Dryblower believes there are exceptions to every rule, which is why he wants to share the story of Lourenco Goncalves, chief executive of Cleveland-Cliffs, an iron and steel company which once had close Australian connections.

Dryblower and the long downhill slide of Lourenco Goncalves Dryblower and the long downhill slide of Lourenco Goncalves Dryblower and the long downhill slide of Lourenco Goncalves Dryblower and the long downhill slide of Lourenco Goncalves Dryblower and the long downhill slide of Lourenco Goncalves

A high flyer in his prime, Goncalves has been forced this year to make a hard landing as the share price of Cleveland-Cliffs has been cut in half, falling from US$8 in January to $3.74 on Friday.

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