Ann: Funding for Grandis and Nomgon, page-34

Well a lot of hard, expensive lessons learned on this one. No one to blame but myself.
Initially bought in 3 yrs ago at 7c and topped up all the way to 30c. Was easy to justify at the time due to the compelling story and blue sky potential which was all reinforced by the excitement of the sp performance from 10c to 45c in 3 or 4 months.
But no one can deny the mc was overpriced in the 30s for a company that hadn't proven up anything yet. Neil knew it. That's why he took advantage with the massive cr at 36c while things were hot. Really, the company had nothing to justify the mc at the time except for potential.
Peer comparisons also contributed to the confirmation bias because most of the peers were overpriced as well.
So anyone else that bought in on the way up into the 20's and 30's was taking a punt on an overpriced speccy stock, whose sp had the potential to continue its romantic climb skywards if they delivered outstanding results and perfect execution. But they didn't.
Neil can't control what's in the ground and his so called poor communication is just a ceo trying to minimise the damage. Anyone who thinks honesty about poor results would help the sp has completely lost it.
This one hurts but before being pissed at Neil you should be more pissed at yourself for taking a high risk punt on an already overpriced company during an overheated market.