Ann: Appointment of Joint Company Secretary , page-12

DMA does face a lot of uncertainty in the short term.
However along with many other holders, I have confidence that what is happening currently will be in the best interest of DMA in the medium to long term.
This is a board spill we have to have in order to move forward.
I have little time for directors of company who have almost no skins in the game and who only stand to benefit if their options comes into money. They either believe that the company is too expensive as it trades or that the company does not have a bright future going forawrd.
There have been wild claims that so and so discover the 1.4b tonnes resource. In reality, no one can lay claim to the "discovery" as it is technically not really a discovery. DMA proves up their reserves on their tenements and Malcolm Carson is merely the geologist employed by DMA to oversee the drilling from Macquarie St,Sydney.
The relationship with the largest shareholder who happens to be Chinese is somewhat more complicated than what is perceived. Chinese will undoubtedly be interested in looking after their own interest and one must not be confused that their interest is aligned with the interest of the rest of the shareholders. Just look at FMG.