"The new Board also resolved to undertake a financial and...

"The new Board also resolved to undertake a financial and strategic review of the Company’s activities as a matter of urgency and to assess whether to continue, or not, the Company’s ongoing investment in KEC Exploration Pty Limited through which the Company holds its interest in the Ivrea Nickel – Copper project in Italy. This Board review is targeted to be completed by the end of June 2016 and a further announcement will be made in due course."

Next anns will show us where this one is heading.

Early to mid July for anns at a guess.