Ann: Appointment of Voluntary Administrators, page-20

When Elmore purchased the 3.7 million tonnes of tailings, the CEO of the mining company that sold the tailings to Elmore, stated . . . if any one has the expertise to make something out of this pile of tailings it is Elmore's ceo David Mendelwitz and his team.
My reckoning is that David gave it his best shot . . . even getting hands on from time to time.

Good luck to anyone else who thinks they can do what David was unable to achieve.

A lot of projects start with the excitement of a disturbed hornets nest . . . often that is the time to duck in and make a quick buck.

I got out of this along time ago at >3c when the first sign of a CR arose.