Ann: Heron Resources enters Voluntary Administration, page-12

HRR hardly got off the ground when it comes to being a producer - and copper prices tanked. Plant issues, debt and low prices - 1,2,3 and out.

NCZ got off the ground, huge liabilities, survived but thus far with two CR's with another a possibility. At least zinc prices are now good but EBITDA still far too low - as is the current share price. Hasn't even managed to get back to the level the first CR was being offered at.

HRR perhaps a little too over ambitious. Such a shame for holders - but it's deeper than that - workers, suppliers and flow on effects. Average people, well below average results - unacceptable more apt. AIMHO