Ann: Final Director's Interest Notice , page-3

quick follow up to previous post;
1) Seems there was trouble in paradise which is why Sasine decided to move on (personally I would be inclined to leave too if I was a director of this company given how much money has been spent without tangible outcomes; although, the problem with that theorie is the other directors are apparently happy with what is happening at LCR - not a good omen for shareholders).
2) Not sure what the issue is with this company but the fact that no drill has hit the ground yet and we have spent about $3M is of great concern. Do we have the right directors/managers?
3) Management, please stop with the fluffy announcements about community engagement (do it, but don't make a big deal about it...its just part of operating in any country in SA). Tell us how you are going to make sh some money instead.
4) Get drilling - get resource/reserve upgrades and show us a path to commercialisation.
5) Don't raise yet more capital to do anything but drill some holes (and def. don't raise capital so the Board and management can treat themselves to a lobster/kaviar Xmas party).

Enough of the half hearted efforts...stop talking fluff and so something...anything....anything that involves actually looking at the resources we have.

For those brokers that got their clients into this...maybe it is time you start pushing Board/Mngmt a bit...after all its your clients' money that is slowly disappearing. When times are good you can sit back and watch it all unfold, when times are bad, you will have to be a bit more proactive to protect your clients.