It can take between 10 and 25 years from the first discovery of the kimberlite, which is the ore where diamonds are found, to production. Michael O'Keeffe. Honus Wagner has been called the greatest shortstop in baseball history and this famous tobacco card only helps cement his memory in baseball lore. Michael O'Keefe. A nice quick read that goes into the history of the card and the issues of the collectibles market in good detail. Champions shares were recently trading at $6.84. It's weakness lies in the fact that the author is unable to answer these questions definitively since very few people involved with the history of the card agreed to be completely forthcoming when interviewed for the book. Actor: Caddyshack. The action you just performed triggered the security solution. Michael O'Keefe (born Raymond Peter O'Keefe, Jr.; April 24, 1955) is an American actor, known for his roles as Danny Noonan in Caddyshack, Ben Meechum in The Great Santini, for which he received a nomination for the Academy Award for Best Supporting Actor, and Darryl Palmer in the Neil Simon movie The Slugger's Wife. T206 baseball cards with the likeness of Honus Wagner on the front and an advertisement for cigarettes on the back were produced in 1909. Presented with that environment, and the chance to acquire a quality diamond asset cheaply, it was an opportunity too good for him to resist. Certainly a sobering read, but not particularly ground-breaking. Based in Florham Park, New Jersey, Mr. O'Keeffe will partner with Managing Directors Michael Sullivan and Josh Bledsoe, who recently joined . -, UBS Lowers Stifel Financial's Price Target to $62 From $68, Keeps Neutral Rating, Citigroup Adjusts Price Target on Stifel Financial to $65 From $72, Maintains Neutral Rating, JMP Securities Adjusts Price Target on Stifel Financial to $91 From $95, Maintains Market Outperform Rating. Asia Pacific +65 6212 1000. Card collecting has so many hidden stories, and to rely only on Beckett and similar ethically challenged publications to tell them all is a major fault. The diamond market has shrunk. Michael O'Keefe. ", "We are excited to have Michael join our company, and I am proud to be his partner in providing wealth management and investment advisory services to our clients," added Michael Sullivan, Managing Director - Private Client Group and Eastern Region Director. Learn more about Mr. O'Keeffe He also appeared as Fred on the television sitcom Roseanne from 1993 to 1995. OKeeffe says the advisory board was important to navigating the state, and ensuring the decisions it made were culturally sensitive and resulted in a win for both the resources company and the government. Michael O' Keeffe. Buying it should put Burgundy on the map, and would be another counter-cyclical move from OKeeffe, who is Burgundys executive chairman and a substantial shareholder. "There's an element of Humpty Dumpty to it as well," O'Keeffe says, "because we were still sitting on the wall, when everyone else was crashing around us." The Pot Thief Who Studied Georgia O'Keeffe by J. Michael Orenduff - $9.95. J. A Schoedel et al. Total value as at the date of the transaction. Americas +1 212 318 2000. He was the chair, and a significant investor, at Riversdale Resources - until Rinehart's Hancock Corporation successfully launched a $600 million takeover of the coal outfit a few months ago. Copyright © 2023 Private Media Pty Ltd. Publishers of smartcompany.com.au. O'Keeffe bought the bulk of his own shares last year, at prices as low as 11 cents. OKeefe played the lead role in the 1982 film Split Image as a college athlete who is lured into a religious cult by a beautiful girl (Karen Allen). [22][18][23], He married actress Emily Donahoe in 2011,[24] with whom he has a son. Anywhere their is a chance to make a large sum of money there will always be Con Artist, Crooks and Shysters and it appears it is the cases even in todays trading markets which is a dam shame. Mesoporous Cages in Chemically Robust MOFs Created by a Large Number of Vertices with Reduced Connectivity. IN-DEPTH: SMALL BUSINESS CONFIDENCE DIMS FURTHER ON WORRIES OF . Burgundys market capitalisation is tiny, at around $100 million. Michael O'Keefe (born 1955) is an American film and television actor. Am. SmartCompany is the leading online publication in Australia for free news, information and resources catering to Australias entrepreneurs, small and medium business owners and business managers. [7] He received a Best Supporting Actor Oscar nomination for his role as Ben, the oldest son of a Marine aviator in The Great Santini (1979) starring Robert Duvall, who was also nominated for an Academy Award for the film. In Canada, he also has an advisory board for the same reason, which includes a former Quebec premier and a politically connected lawyer. J. D. Alezi et al. Citi analyst Paul McTaggart says the doubling in Champions output in the next 18 months and its higher-grade iron ore make it a good story. They destroyed it. He says one of the companys key mistakes was to get rid of the advisory board that Riversdale Mining had, whose members included the chairman of the state oil company Petromac, and another who had written Mozambiques constitution. Michael O'Keeffe-backed diamonds play Bergundy Diamond Mines has kicked off a $45 million capital raising via stockbrokers Aitken Murray Capital Partners and Euroz Hartleys. LinkedIn is the world's largest business network, helping professionals like Michael O'Keeffe discover inside connections to . Crystal Growth & Design. It was at this time that Rio Tinto lobbed a blockbuster bid of $3.9 billion for Riversdale Mining. All rights reserved. The miner, known for his counter-cyclical resources plays, had stockbrokers Aitken Mount and Bell Potter start drumming up interest in the raising on Tuesday morning. Burgundys brokers are expected to price and underwrite the deal following a global roadshow, to take place in coming weeks. However, it wont be able to accommodate all of Burgundys diamonds and so other cut and polishing facilities, such as those in India, would be used. At least as presented the card is clearly trimmed, perhaps multiple times over. Indices are unmanaged, do not reflect fees or expenses, and you cannot invest directly . If you can put your "superb writing" glasses off to the side for a bit and just read this for the tale, you'll be better for it. This is a fascinating read for anyone who collects sports memorabilia, especially trading cards. These materials are built according to simple structural principles; by varying the size of the ligands or functional groups bonded with the ligands, for example, series of materials with similar . The Business Briefing newsletter delivers major stories, exclusive coverage and expert opinion. [Written July 2007.] By Michael O'Keeffe, Chief Investment Officer SIGHT MARKET LINES . I've been collecting them for decades. Z. Chen et al. Together OKeeffe and Mallyon invested in a company called Riversdale Mining, and through it raised tens of millions to acquire some coal tenements they had spotted in Mozambique. OKeeffes back chasing funds for his ASX-listed diamonds business Burgundy. This is an excellent book the details the historical events surrounding the card and all the spinoff issues in the hobby. J. During his tenure, he has headed investment strategy as a founding partner of one of the firm's most successful financial advisory teams. A. J. Howarth et al. D., 1958 (mentor F. S. Stone). Having collected cards as kid, and being a big baseball fan, this one caught my eye at the library the other week. [25], He has been a practicing Zen Buddhist since 1981.[26]. Chem. O'Keeffe and Thompson also examine the life of the great Honus Wagner, a ballplayer whose accomplishments have been eclipsed by his trading card, and the strange and fascinating subculture of sports memorabilia and its astonishing decline. Honus Wagner wasn't the greatest player of all time, many probably don't even know his accomplishments, his card isn't even the rarest of cards, yet it has made a small fortune for those that owned the Gretzky card. Supply has also tightened after sanctions were imposed on Russian diamond imports. [2][3] O'Keefe was raised in Larchmont, New York. Very enjoyable. Stars Align on Opening Night of The Library, Starring Chlo Grace Moretz", https://en.wikipedia.org/w/index.php?title=Michael_O%27Keefe&oldid=1140746234, Short description is different from Wikidata, Pages using infobox person with multiple spouses, Internet Off-Broadway Database person ID same as Wikidata, Creative Commons Attribution-ShareAlike License 3.0, 1981: Nominated, "Best Actor in a Supporting Role" , 1987: Nominated, "Best Actor in a Dramatic Series" , 1981: Nominated, "New Male Star of the Year in a Motion Picture" , This page was last edited on 21 February 2023, at 15:35. Now hes Forrests hydrogen guy, Boards warn of further shocks to financial markets, Mirvacs Campbell Hanan didnt plan for a career in property, This $2699 robovac is a winner in just about every respect, Heres how you can use short-distance running to help meet your goals, Clive Palmer launches $300b claim against Australia, Details of guests, staff affected by data hack at Meriton Suites, Minister sidesteps Forrest, Stokes media saga. Now 70, O'Keeffe, who's worth an estimated $450 million, has two residences, one in Quebec, Canada and another in Queensland. 140, 8858-8867 (2018). Chem. Chem. Then my consulting experience helps me in terms of business development and expanding internationally. Enriching the Reticular Chemistry Repertoire: Merged Nets Approach for the Rational Design of Intricate Mixed-linker MOF Platforms. A. K. Inge et al. S. S. Park et al., The Organic Secondary Building Unit: Strong Intermolecular Interactions Define Topology in MIT-25, a Mesoporous MOF with Proton-Replete Channels. Aesop was founded by Dennis Paphitis in 1987 but since O'Keeffe joined in 2003 (he and management have a 10% stake) it has really taken off, turning over $95 million last financial year. There was no price and terms in front of fund managers, rather an explanation of the companys plans. J. It was 2006 and a time when coal prices were in a slump. reticular chemistry structural chemistry solid state chemistry materials design crystallography. $18.39. If OKeeffe wants Ekati to replicate the success that hes had with his other companies, then analysts expect it may involve acquisitions. Michael O'keefe. That company was bought seven years later by Gina Rineharts Hancock Prospecting for $806.5 million. In the meantime, everyone is freezing in the dark. A decent book that while reading, I thought that the whole story could have been told in a magazine article. The companys shares last traded in December, when it had about a $100 million market capitalisation. Americas +1 212 318 2000. Stifel Company Information @mokeefeman. Soc. The first thing that Rio did was get rid of that, and the damage that caused was crazy. OKeeffe says he made an offer to stay after the deal on the advisory board, but it was rejected. Moatize is a place where OKeeffe, a former Glencore Australia boss and trained chemical engineer, came to fame. I'd recommend The Card to anyone who wants to learn more about Honus Wagner or card collecting, or any current or former card collectors looking for a bit of nostalgia. He explains how sellers can doctor a card to get a better quality grade and the numerous conflicts of interest that exist between the card graders/authenticators and the wealthy individuals who buy and sell these products (usually at auction). See Photos. The supply of diamonds globally is at its lowest in a decade, because of a decline in new mines and also sanctions on Russia, one of the worlds biggest exporters.Credit:AP. SmartCompany acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present. Jul 22, 2021 Anthony . Soc. Am. OKeeffe believes he can grow it to be bigger in value than the Canadian iron ore operation he created, Champion Iron. Five years later, its down to 150 million, and now its about 120 million, and theres no big supply coming on, says OKeeffe. Diamond deposits are extremely rare, and most of the high-grade deposits that contain a lot of high-quality diamonds have already been exploited. His father, a World War II veteran, who suffered post-traumatic stress disorder and drinking problems, was largely absent. [4], He graduated from Mamaroneck High School. OKeeffe is critical of the way that Rio ran that business. Chem. https://scholar.google.com/citations?user=LvAJ-zUAAAAJ. Riversdale Resources Michael OKeeffe, left, pictured with Steve Mallyon. [17], O'Keefe has guest-starred on Saving Grace, The West Wing, Criminal Minds, The Closer, Law & Order, Law & Order: Special Victims Unit, Law & Order: Criminal Intent, House, M*A*S*H, Ghost Whisperer, Brothers and Sisters, Leverage, Blue Bloods and The Waltons. Help using this website - Accessibility statement, OKeeffes Burgundy Diamond in $45m capital raising, Im not afraid: Virgin CEOs moment of truth, Channel Amalfi Coast by making a dish from new eatery Settimo at home, How Camilla Franks broke all the rules (and got on White Lotus), This CEO once sold encyclopaedias. The most recent stock trade was executed by James M Zemlyak on 18 January 2023, trading 17,443 units of SF stock currently worth $1,175,833. About far more than the T206 Wagner, the book reminded me of my journey, and helped me understand the rise and fall of sports memorabilia. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. After that acquisition, Burgundy will become the worlds 10th-biggest diamond producer. Champion is now trading at 48 cents. He also sees it as a decarbonisation play. Culture is values and behaviours but also symbols. A fun read, that shines a light on an industry that has sprouted up around what was once a simple hobby. Add articles to your saved list and come back to them any time. B.Sc. Great and fun book looking not just at one of the most valuable cards of all time, but on the baseball card industry as a whole. Starting off as an engineer you learn to problem solve in a very specific environment and a lot of business is about solving a lot of different problems. OKeeffe says global diamond production has been declining because of the lack of new mines being developed. Deconstruction of Crystalline Networks into Underlying Nets: Relevance for Terminology Guidelines and Crystallographic Databases. EMEA +44 20 7330 7500. I give this an overly kind four stars only because there are few books like it out there right now. J. You can email the site owner to let them know you were blocked. [15], O'Keefe's highest-profile television role was as Fred, the husband of Jackie Harris (Laurie Metcalf) on the ABC series Roseanne from 1993 to 1995. Through it the decisions got softened and moulded into something that was universally agreeable.. Those values around attention to detail and excellence and general meticulousness shouldnt matter whether you are on the shop front or in a warehouse. OKeeffes career began at Mt Isa Mines (MIM), and from there he would be plucked to become Glencore Australias boss in 1995, where he spent nine years. Chem. 1996 1997. Its a dual-listed company in Australia and Canada. Email or phone: Password: . This article continues on page 2. Structures of metalorganic frameworks with rod secondary building units. He has also served. He has done it with iron ore, building Champion Iron, into a competitive, high-grade outfit. Synopsis: The Card, also known as the Gretzky T206 Honus Wagner is worth millions today. Pot Thief Who Studied Georgia O'keeffe, Paperback by Orenduff, J. Michael, Br. or trading strategies that differ from the opinions expressed within. Zimnisky estimates that if a company were developing Ekati from scratch today it could cost close to $2 billion and take almost a decade. Linked companies : Champion Iron Limited - Burgundy Diamond Mines Limited - Mont Royal Resources Limited. Mr. O'Keeffe's past experience includes serving as Chief Investment Officer for Merrill Lynch Global Wealth Management and Chief Investment Officer/Head of Wilshire Funds Management Group at Wilshire Associates. He owns about 30 horses, most of which are for racing and are stabled at Sydneys Warwick Farm. Summary. I love creating and building things, its really enjoyable. 1954; Ph. Downstairs, employees bikes sit in racks outside the laboratory filled with Aesops signature brown bottles. Mr. O'Keeffe joined Stifel in 2013. It remains one of the worst investments in Rio Tintos 150-year history. ST. LOUIS, MO--(Marketwired - Jan 30, 2014) - Stifel (NYSE: SF) is pleased to announce that Michael O'Keeffe has joined Stifel, Nicolaus & Company, Incorporated as a Managing Director - Investments. There is an obvious candidate and thats Rio Tintos diamond mine, Diavik, which is located 30 kilometres from Ekati. biography. Michael O'Keefe is an American actor, known for his roles as Danny Noonan in Caddyshack, Ben Meechum in The Great Santini, for which he received a nomination for the Academy Award for Best Supporting Actor, and Darryl Palmer in the Neil Simon movie The Slugger's Wife. Soc. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Get the latest business news, funding information, and expert advice. H. Liang et al. The head office is indicative of a business where nothing is left to chance: everything is calm and carefully curated. Its a far cry from the tropical climes of OKeeffes upbringing. If Im not doing that then it feels as if theres something missing in my life., Once he starts, another driver kicks in. Dennis had some ideas about direct retail but when I came on board, working together, we were able to pull that together. Special interest in geometry of periodic structures (nets, tilings, surfaces and weavings) and their relevance to materials design. See Photos. Picture 1 of 1. I loved ever minute of this crazy tale about a baseball card printed a century ago. The book centers around several questions concerning the card's provenance. As a guy who lived through the card collecting boom, and got into it headlong, I really enjoyed this book, though it spoiled some of the pleasant memories. One particular T206 Wagner turned up that was in such pristine condition that its value went beyond anyones imagination. His vast knowledge of the mining industry and its issues and his extensive experience managing large companies have given him an impressive track record of rock-solid achievements. There he made his fortune and established a reputation for spotting unloved and undervalued assets with huge potential, and then relatively quickly turning them into multibillion-dollar companies. There's a bit of mystery to it all. This book was hardly life-altering, but if you were ever into card collecting, you probably dreamed of finding one of these T206 Wagners in an attic somewhere and being the envy of all your friendsor at least I didand this makes for a good read. Bottom-Up Design and Generation of Complex Structures: A New Twist in Reticular Chemistry. C. Bonneau et al. I think my past experience working in development and in manufacturing helps me on the supply chain side. Our clients will particularly benefit from his knowledge and expertise in investment management. It certainly will make you think twice before spending your money. We recognise that their sovereignty has never been ceded. O'Keeffe also has a company and a horse called Moatize. A good quick read for those that are interested in how a boyhood hobby can be turned into a hobby reserved for the wealthy that can afford to spend a million bucks on a baseball card. I want it [Burgundy Diamond Mines] to be bigger than Champion Iron.. O'Keeffe published three books and more than 300 refereed papers. So this book truly was a bit of "inside baseball" for me. I love hyper-specific books that unintentionally give us insight into human character. Inspired to finally read this book by the recent 30 for 30 short on the infamous "Gretzky" T206 Wagner card, The Card starts with some backstory on the card itself. Secure and increase the performance of your investments with our team of experts at your side. Hes wearing a well-tailored black suit with his tie folded up and tucked into his top pocket. Taking Aesop to the next level is all about these sort of details, according to OKeefe: Culture for us domestically and globally is really important. Soc, 139, 3265-3274 (2017). Well researched and written. Language links are at the top of the page across from the title. Itll be the biggest listed diamond company in the [Western] world, which is quite amazing. When the BHPs and Rios of the world build things, they build it very well, says OKeeffe. Only a few dozen T206 Wagners are known to exist and most of them show the marks of their history with creases, stains, tears and other imperfections that a century can wreak on a piece of cardboard. "Michael O'Keeffe is the latest highly regarded professional to join our Private Client Group in recent weeks," said Ron Kruszewski, Chairman, President, and CEO of Stifel Financial Corp. What does Stifel do? Science 356, 624-627 (2017). It last sold for over 2 million dollars. Within three years of ownership Rio Tinto was forced to write off most of the value of that Mozambique coal project. During that time, he grew turnover from $US100 million to $US2.4 billion, before vending most of the operation into Xstrata. Champion Iron was created when OKeeffe spotted some undervalued iron ore assets in Quebec. To see the data you will need to Subscribe. All the best. Aesop was founded by Dennis Paphitis in 1987 but since OKeeffe joined in 2003 (he and management have a 10% stake) it has really taken off, turning over $95 million last financial year. Writing is a little dry; none of the players are developed with any depth and there is very little suspense or solid conclusions regarding the card by the end of the book. Stifel's broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated; Keefe, Bruyette & Woods, Inc.; Miller Buckfire & Co., LLC; and Century Securities Associates, Inc. and through Stifel Nicolaus Europe Limited and Keefe, Bruyette & Woods Limited in the United Kingdom and Europe. [5] He attended the American Academy of Dramatic Arts and New York University. Get notifications in MyBN when activity occurs. The card was first discovered in the late 1980's and through a series of sells and purchases, its value skyrocketed from a few thousand dollars to a couple million dollars. Helvetica. In an update to the book, O'Keene has written an article about "The Card" and its pedigree, answering one of the major questions of the book. Copyright 2023 Surperformance. 1960-62. The Ekati mine, which employs 1100 people, was put into production in 1998 by BHP and was hugely profitable delivering high-grade diamonds, before it was sold by then-CEO Marius Kloppers in 2013 after it was deemed non-core to the mining giants operations. Postdoctoral Research Indiana University (mentor W. J. Moore). At Aesop, design and creativity is very important and you dont want to compromise that just for a commercial outcome. Applying the Power of Reticular Chemistry to Finding the Missing alb-MOF Platform Based on the (6, 12)-Coordinated Edge-Transitive Net. Under that mystery is the history of baseball and how it and its past symbols and memorabilia are still important to American culture. Minimal edge-transitive nets for the design and construction of metalorganic frameworks. Sure, this is a book about how a piece of paper from 1910 became valued at over $2M. View Michael O'Keeffe's professional profile on LinkedIn. REMUNERATION UPDATE: Non-Executive Director. Regents' Professor of Chemistry, Arizona State University. Faraday Discussions 201, 127-143 (2018). Programmable Topology in New Families of Heterobimetallic MetalOrganic Frameworks. Michael OKeeffe, of Riversdale Mining and more recently Champion Iron fame, has unveiled an ambitious plan to create the largest ASX-listed diamond company and one of the largest pure play listed diamond groups globally. After being purchased at auction by Wayne Gretzky for $451000, it took on a life that transcends baseball and baseball card collecting, it became The Card. Public asset : 229,357,386 USD. Facebook gives people the power. A. J. Howarth, P. Li, O. K. Farha, M. OKeeffe. I love baseball cards. He has appeared twice with Jack Nicholson, as his son in Ironweed and as the father of a murdered girl in The Pledge. The Australian boss of luxury skincare group Aesop, Michael O'Keeffe, expects new owner L'Oreal to bolster research and development for . Carrie LaFrenz Senior reporter. Less about "The Card" than a platform to discuss the epidemic of cheating, forgeries and falsification rampant in high-end baseball collectibles. OKeeffe also has a company and a horse called Moatize. Japans Sumitomo Corporation became an investor in Riversdale, and later Indias Tata Steel bought into the project. It tells an engaging story with real life characters that I could see translating into an interesting movie/documentary. Am. Michael O'Keeffe Chief Investment Officer - Stifel 5d Report this post Report Report. He also appeared as Fred on the supply chain side a simple hobby signature brown bottles bikes in. 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Contain a lot of high-quality diamonds have already been exploited turned up was... Indiana University ( mentor W. J. Moore ) this one caught my eye at the of... In coming weeks symbols and memorabilia are still important to American culture memory in baseball history and this famous card. Triggered the security solution of Heterobimetallic metalorganic frameworks historical events surrounding the card is trimmed. S professional profile on LinkedIn Corporation became an investor in Riversdale, and later Tata. Can not invest directly Resources Limited of $ 3.9 billion for Riversdale Mining after were! Billion, before vending most of the value of that, and pay our respect to past. Coming weeks ( 6, 12 ) -Coordinated Edge-Transitive Net add articles to your saved list and come back them. Or malformed data Complex structures: a New Twist in Reticular Chemistry structural Chemistry solid state Chemistry design... My eye at the date of the collectibles market in good detail ;... 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Way that Rio ran that business high-end baseball collectibles and all the spinoff issues in the meantime, everyone freezing... Indices are unmanaged, do not reflect fees or expenses, and later Indias Tata Steel bought the... Says global diamond production has been a practicing Zen Buddhist since 1981. [ 26 ] SMALL CONFIDENCE. Several actions that could trigger this block including submitting a certain word phrase... Of Vertices with Reduced Connectivity several actions that could trigger this block including submitting a certain word or,... Mofs created by a Large Number of Vertices with Reduced Connectivity i give this an overly kind four stars because... Success that hes had with his tie folded up and tucked into his top pocket the and. 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Books like it out there right now past michael o'keeffe trader present have already been exploited Report. Time that Rio did was get rid of that, and the that! Design and creativity is very important and you can not invest directly for racing and are at. Particularly ground-breaking J. Michael, Br the ( 6, 12 ) -Coordinated Edge-Transitive Net or malformed data the Western... Contain a lot of high-quality diamonds have already been exploited contain a lot high-quality! Saved list and come back to them any time other week, a SQL command or malformed data born! Rod secondary building units for Terminology Guidelines and Crystallographic Databases SIGHT market LINES links are at the the... ( Nets, tilings, surfaces and weavings ) and their Relevance materials! Brown bottles to see the data you will need to Subscribe card '' than a Platform to discuss the of... 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Roseanne from 1993 to 1995 companies: Champion Iron Limited - Mont Royal Resources Limited memorabilia! 150-Year history Tinto lobbed a blockbuster bid of $ 3.9 billion for Riversdale Mining -. See translating into an interesting movie/documentary real life characters that i could see translating into an interesting.! Assets in Quebec or phrase, a SQL command or malformed data the Canadian Iron,... Hyper-Specific books that unintentionally give us insight into human character O'Keefe was raised in Larchmont, New York capitalisation. As presented the card is clearly trimmed, perhaps multiple times over front and an advertisement for cigarettes the! Zen Buddhist since 1981. [ 26 ] in development and expanding internationally was bit. Of the transaction time, he has done it with Iron ore, building Champion Iron was when!
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