Ann: Cockatoo Iron NL Withdraws from Proposed Transaction, page-10

Unless they leave it suspended - use up all the cash on Directors fees and it gets delisted automatically after 2 years.

What is even more frustrating is someone is now working MM the project that our previous BOD insanely gave up the leases on.

Shareholders would probably have been far better off for the BOD to put MM on hold - at the time the gold price then had every indication of rising - or at the very least on their way out had liquidated the company and distributed the cash that was held and sold off the shell. At least shareholders would have got some of their investment back.

I would be nice if the current BOD gave some indication of what their plan is now - CRB has dwindling cash reserves and presumably the BOD is hunting around for a project (or is it ?) that will need a CR to progress.

End of rant from a very frustrated shareholder