legal opinion on disposal of shares, page-14

The economics of this project have been revealed to be hopeless. That is what the market is saying, very clearly.

The feasibility study and the cost-benefit analysis for this project have been revealed to be a SHAM and a FRAUD. The investors in this project are being SWINDLED.

For the Government of Queensland to persist any longer with this INSANE project is reckless and irresponsible. The appropriate course of action is to abandon the project now, and wind it up.

Holders in BCSCA should expect to receive at least 20c in the dollar if this happens.