progress report, page-18

Don't get me wrong Reg - I am cherry picking parcels too but the issues causing concern and frustration amongst shareholders - are of long standing.

A key critisim for ages now has been PR (which encompasses many things including media coverage - style tone and frequency of releases, open lines of communication, lack of discloure - the failure to tell of the great things the company is capable of).

In essence failure to talk the talk - and lets face it they tripped over ages ago trying to walk the walk so if they can neither talk the talk or walk the walk what the hell are we paying them for.

I dont want to sense a change in management - I want to see it - and the intention to head back and hide under the table is not change - it was the norm of the old board - I dont want to see these new blokes act like the old board or we may as well just have them blokes back.

Monthly updates are in my mind essential at least until th oxides are up and running at full capacity.


Don't recall how long you been following CMR but if it was after 2006 Ill offer a bit of Hx - The issues which lay at the heart of the concerns and frustration being expressed now were raised at an EGM in Oct 2006 and the Chairman acknowledged that the coy had dropped the ball on that front and had no idea how to do better. The Chairman said words to the effect of - I dont know how to do better but if you guys do I am all ears - in essence he invited follow up comment - and I know follow up comment was provided.

It reached the point where in an email RS accepted that board realises they need to change and were in discussions with certain PR firms - (one of which has had past experience with uranium companies). There was no update as to if they had decided to retain one of these firms - until an email reply from the then Sec maybe a year later said the board now does not agree to the need for a PR firm.

So here we have the Chairman shrugging his shoulders saying I dont know how to do better and follow up from the MD saying we acjknowledge the need to address this and are in discussions with consultants and finally the then coy sec saying they don't believe they need help. The compass must have hit some magnetic interferance because they did agood 180 on the PR issue but after doing the 180 they kept going and came right around to where they started

The issues causing the frustration were not raised because the sp had pulled back - I recall Westy raising them at the forementioned EGM in October 2006 - after the price had, over the previous 10 months risen from $1.45 to $4.50. So I think it safe to say that the concerns were not propmpted because the price had pulled back - they were raised because they are valid issues - they remain valid issues and remain in need of address and chosing to head under the table and radar again will not address them