News: ANS ASX Says Austsino Resources Will Be Removed From Official List Of ASX On 7 Dec, page-34

Exactly Mauro. This investment/gamble was/is highly speculative, but still, even a communications along the lines of.

'Look, we're sorry to disappoint, but hang in with us, we still have options. Although we obviously have to keep negotiations confidential, we assure you we are not sitting idle'.

Or worst case.

"We're sorry, we gave it our best shot, but you've done your dough'!

Without exaggeration, appalling behavior by management. Who treats investors this way!