Ann: NCZ Secures Landmark Royalty Deferral Agreement with QLD Gvt, page-34

Thanks for your concern. My gain is that the cheer squad (incl. Pattos & CS) that was pumping this for the past two years are shown to be wrong. $5+ at one stage I believe. The assumptions made in the feasability studies put out by NCZ were way way too optimistic (things like lower prices and higher TC with increased volumes were very much foreseeable).
Through their spruiking and NCZ being ‘no brainer’ investment I’m sure they managed to sucker a number of people at $1+ - be sure to tell those guys to get a life too.

A while ago (around 6mths ago) I mentioned that I was looking at taking a position however given the way things have transpired I am staying well away - warning others if they aren’t aware and encouraging them to do their own research. If the project is good enough it should be able to stand up to reasonable criticism.