Ann: Isabel Nickel Project Update, page-81

Geo, in response to your first question "why don't I report this it if is not compliant with independent research" well as I have pointed out repeatedly, the authors make this admission in the small print highlighted in red.
THIS RESEARCH BROCHURE IS A MARKETING COMMUNICATION: It has not been prepared in accordance with legal requirements designed to Page | 2 promote the independence of investment research

Geo, you have posted marketing material, not independent research. I hope your investments are not based on advertisements.

Your question why did I buy and why do I still hold:
I entered many years ago wanting exposure to nickel, before the CEO started drawing $800k pa and in the following years, I have witnessed the excesses of management and consultants. I have seen years of failed timelines, managements blue sky announcements followed by capital raising and convertible notes followed by further failures to deliver.  I woke up to what is happening about 18 months ago and have been selling. I had hoped to get out on one of the frequent pumps we saw in the old days, in hindsight I should have dumped my holding back then, it seems the market woke up to what was going on around the same time I did and as you would be aware it has been a case of lower highs and lower lows ever since.
I am not going to ramp it up here to save my skin, it is a relatively small holding and loss for me. I am not too bothered. Fortunately, I have my winners. I find it entertaining although also sad to read some of the posts here. The stock market can be a brutal educator.