Ann: Trading Halt, page-11

Didn't Wayne announce this morning that June production was going to be 6000 oz? I will be impressed if they can get a CR away at any price. Which SI is going to want to throw good money after bad? Better to let it go into administration and buy the assets minus all the baggage.

I don't think the current management and production people were bad, just that the whole operation was unviable. Sometimes companies fail no matter what is done.