Ann: Appointment of Voluntary Administrators, page-102

I'm pretty shattered... Although I am only into NML for 10k, huge let down. I live nearby the mine and considered the mine to be doing well, they have bought up many local properties for worker accommodation, they were operating like they would be doing it for years... I was of the thinking that they were happy to plug along until they hit real pay dirt. Now another mine will probably pick up NML and the other for a song, take all the machinery for their own mine and leave a few big holes in the countryside.

So I gotta keep an eye on the shares of the company that buys, they may become very asset rich (machinery)