I agree @NZ Trader. The administrators report about the activities of Mr Landau from Continental Coal Capital (CCC) were reasonably detailed & Landau eventually settled the fraud claims for a paultry $2m.
The questions you raised in an earlier post about WPG absolutely deserve answers:
Will shareholders see a report on Management and the direct results of their actions?
How does a mine go from best month in the history of the company to Administration?
Sadly, uncovering obfuscated information relating to management actions can take years & requires someone to bankroll the investigative process (e.g. litigation funder). An example that comes to mind is IMF Bentham providing funding support for the administrator appointed to Apex minerals (AXM)...
Directors of failed Apex chased for $74m (The Australia - 03/06/19): The ex-directors of failed gold miner Apex minerals, including ex-St Barbara boss Ed Eshuys, have been hit with a $74 million damages suit after the miners liquidators allege the company was trading while insolvent.
If the WPG administrators aren't being funded by anyone with the necessary capital backing, I think the answers to your questions might remain obfuscated in concert with the regulatory & legal inaction against WPG directors. I hope I'm wrong.
WPG Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held
