announcement today looks good., page-18

NIP mgt may be able answer some of your questions goldnut or even the administrators: http://www.ferrierhodgson.com.au/caseprofiles/details.cfm?objectID=67.

CUO is continuing to trade at present.

The shares in NIP along with others, were owned by MINERAL SECURITIES LIMITED MXX which was taken over by CUO. I'd imagine if shares are disposed of MXX would be sold as a whole if possible but I guess that would be up to the administrators. If the shares are escrowed they would probably have to remain with MXX until expiry but I wouldn't be completely sure on that. Drilling has finished for this year, field work ceases during "wet season"