They really need to get someone with corporate experience to...

They really need to get someone with corporate experience to review their announcements before they are released to the market. This is another one which reads like a child wrote it.

I would say that between this project and Sunraysia, high paid Decmil management will have squandered the entirety of the $50m emergency cash they raised a year or so ago "to pursue bigger projects". That was always just a cover story for simply running out of cash while they paid their executives a fortune.

And, as predicted, the NZ issues flared up 4 months ago when the NZ Govt stopped payment, just as the founder was stepping off the Board. Nice timing.

I see this at under 20 cents, right where it was in the middle of the GFC, more than 10 years ago.