You must have missed my post to you acknowledging my error. Not good day for pain, so it is good that it was granted but we all know it didn't get any further along.
As to why didn't they do anything about it? Your guess is good as mine. Logic, perhaps? The market for medium grade ore? They were trying to get an offtake before China went dark in 2018 as reported in newspapers about Aus-Sino trade?
We know it didn't eventuate, but I have read, on this forum, that shareholders have made money over the years selling and buying on ann's and many more lost. Even one of the popular members said they bought and sold this stock at a profit I believe. That is how Penny works, for the most part, church.