More waffle...at least they included pictures this time. Reading the Annual Report was like a trip down memory lane...
Management appears to be living in a fantasy world where they believe that they have done nothing wrong.
Everyone else must be to blame. No apologies, no admission of error. Everything is fine.
My dear long suffering fellow shareholders we have come full circle... I remember being here last year (but with more hope and money)...
Why are we paying these guys $1.5 million dollars a year when our mine has been closed for six months? Have they no shame?
We have a world class mine with great potential however these Directors must go...either they leave quietly (and keep their reputations intact) or we toss them out publicly and embarrass them in front of their peers. We still have the numbers.
The Annual General Meeting (in May) will be the chance for their 'loyal shareholders' to have their say...time to go BOD.
Ann: Annual Report to Shareholders, page-7
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