Ann: NCZ Secures Landmark Royalty Deferral Agreement with QLD Gvt, page-27

Being overleveraged, expanding (through M&A in the Oz case) and going into a weaker price environment is a bad recipe. Do you disagree with that?

I’ll let the record speak for itself. I’m happy to point you to the post with our expectations from 6 months ago to see who was closer to the mark.

Over optimistic ramping posts over the last year have likely cost quite a bit of money for those that have bought and held over the past year.

I asked you once but never got an answer whether you were linked with the company?