settlement, page-5

IAU have virtually no other projects of any substance. Not clear at all from their latest reports what their actual strategy is going forward. Just very general statements around assessing opportunities. Reckon shareholders need to ask Scott to lay out a clear strategy and explain which commodities they will target, which countries etc. Also how he intends to do so seeing he has virtually no staff. Heard that his only 2 geos (based in Perth) may have been let go. All very fuzzy. With no strong team in place, no projects in the pipeline and their poor track record to date you wonder if they shouldn't consider paying out the cash and closing shop.