Ann: Heron signs new Cooperation Deed with Veolia, page-30

What a sordid affair that was, mate.

Fortunately, I had a trailing stop/ straddle sell in place and it was hit (albeit at the lower end), so I managed to walk away with a tiny profit. I know many were burnt. I hope you got out in one piece.

The learning that I took away from that debacle was to be wary of management mining their shareholders, instead of a promising ore deposit. I'm not suggesting that will happen here. The Woodlawn project itself is very sound and the zinc supply gap isn't going to disappear any time soon. Management do need to get a wriggle on. They operate at glacial speed. They could also improve their PR/ communications with shareholders. I will continue to watch with interest.