"The transaction remains subject to final transfer of the assets...

"The transaction remains subject to final transfer of the assets following transfer of the operating mining leases following assessment of stamp duty by Queensland Office of State Revenue and final release of security by SPM financiers that was not received by 30th June 2015."

http://www.asx.com.au/asxpdf/20150930/pdf/431qzff9f987v6.pdf

From the top paragraph, I read two excuses.

In terms of payment, CSD would have had ample money to pay transfer rates if revenue from the first half actually went to its coffers. It seems to me this "care-taking role" it finds itself is destroying shareholder value.

There are options (loyalty ones at that) ready to expire at the end of the year but now the talk is back to the old CR move, so I guess I can kiss them goodbye.

I'm bitterly disappointed given the potential I've witnessed first hand has not yet come to fruition. I still hold faith that management have our best interests at heart and I would hope to see those monthly updates continue, assuming it was because of the yearly accounts that caused the pause.

I wait for settlement, the DFS and drilling updates.