Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-66

Actually, NWC was a good prospective buy at 10c when they raised about a year ago and Cu prices were elevated but a little lower than now. What happened in the interim was Cu prices fell back and being an early-stage microcap the SP suffered swinging to the end of the pendulum (as speculators in the sector do).
NWC used the money then raised effectively to deliver on promises. (With a lot of whingeing for quicker results here). Now The pendulum is beginning to swing back, I say before centre. Those who persisted or bought at lower priced are/will be rewarded. Nothing super special here just an accelerated swing in the cycle.

Leggy please note the Indians are doctoring the pitch for tomorrow. That too is the normal cycle.

All IMVHO
PS. Australians should be issued sandpaper.