Ann: Resignation of Chief Financial Officer / Company Secretary, page-16

The current global situation is leading towards a global recession from what I’m hearing this morning, how bad will it get? No one knows, I like everyone who invested into mgt are here to make a buck, yes it’s a speculative junior and risks are high and I I’m not trying to justify my investment choices.
The reality is will this current team be successful and manage to get into production? That’s the million dollar question for me. On a more positive side is the massive resource and sometime in the future it will be necessary to mine, in saying this Im not delusional to fact it could take up to 10 years from now, hopefully not.
What Im upset about is the forward looking statements made in past announcements by directors and now board members that have not come into fruition on numerous occasions, I’d prefer the previous start up plan of 3mtpa without the need for consolidation that has halved our SP and reduced our holdings by 50 times and obviously has failed with not institutional capital, not to mention the thousands of dollars I’ve lost in the recent options due in May, Well done management you’ve failed SH again in my mind.
Meanwhile the current team of managers and board members are enjoying the highest salaries for something
that is realistically only 5% off the ground.
If the share price is to fall further by making this comment today, so be it, but if someone wants to get paid 1/2 million dollars a year and provide no positive results, then we all have the same problem. Yes green steel is the goal but at least make it clear that the time frames need to change and implement them properly are going to take much longer than we think.

Dear Management and Directors.
I believe it’s time you start owning up to your responsibilities and start delivering the DFS as promised with the accountability we deserve, as a share holder I have no objections to more resignations and you being replaced by more competent people, if you can’t raise the money needed ? The best option is to sell this puppy to someone who can make it happen, there’s no shame in trying but living with regrets is even worse.