Bear I dont think the investors were necessarily greedy or naieve. You expect to be able to get an idea about a companies potential from the information they provide, now we find there is not enough near surface coal. We understand they have plenty of coal its just not economic. Probably there was a clue thinking about it, that there had been years of underground mining in the past, why mine underground when it can be shovelled up from the surface? It seems a late hour when the BFS is due for investors to find out the project is stalled. Its interesting that you are obviously knowledgeable about the mine and its economics but chose to stay quite about it until the damage was done.
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