djwillis, haven't seen the quarterly, so I will take your word...

djwillis, haven't seen the quarterly, so I will take your word on it, but as I have said in one of my other posts, he always leaves a poison pill floating in companies he appears to have exited....it just may be some mangement fees he will convert later down the track....study the quarterly hard and I am sure I will be proved correct.....
I don't hold a share and don't wish to do any more that give punters a bit of hard earned background as investor friends of mine and myself have been through the de-rodgering process in a company called Niagara which is now finally totally free of his direct influence....
This company has a real project and committed, honest management....something rare in the spec end of the market.