Ann: Noosa Conference Presentation, page-29

Many resaons, but as I understand it,
- Oversold economics and financing position of nifty project, by previous MD
- change of management and subsequent re start of feasibility assesment of nifty operations
- massive dilution at stupid discount
- spent near nine months in suspension, so when relisted everyone yeeted, and either took the loss or gain that they could.
- I think operations relies on acid from maroochydoor to leach nifty heap ( im sure someone will correct me) this has been attempted prior by now defunct companies.
- No fkn idea when operations will actually begin, no near term revenue to actually have market meaning.

So its a case of pick a reason, im suprised its held support at 2.7/2.8c.
Any active holders that are left are probably at the same point of ahhhh fk it let's suck it and see what happens, either lost too much or averaged down for the long play,
that's my understanding, hope it helps?