A little bit of research on the internet and I found these two pages ... guilt by association maybe?
Remember this is from the internet which can not always be trusted, but it is still interesting reading.
The first article sets the scene for the second article.
http://www.theage.com.au/news/National/Where-has-all-the-money-gone/2005/06/17/1118869093279.html
https://tenbagsfull.com.au/mhm/post/2013/6/13/mhm-silica-1-5-billion-mine-302km-west-of-cairns/4611
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