Ann: Forrestania Tenements Purchase Settlement Extension, page-77

Yes , hindsight is a wonderful thing. Going through this company's behavior, patterns start for form that have been outlined at length.
Apart from not drilling adequately, it was hard to see any issues, accept if one was aware of management's past activities. The very high grades reported attracted a lot of experienced speculators.The fact that the drilling was not followed up , was indeed a red flag.