I think we should think seriously whether Richard Hine deserves to remain as Chairman and Director of CMY. The Chairman is supposed to steering the strategy of the company and generating value for the shareholders.
Over the past 4 years Richard Hine has done neither !!!
He has spent $5M to date and this is what has been done....
Porters Mount... he spent a large amount of money on drilling for good results and then gave it away to Flinders Exploration for $200K. Terrible decision.
Munderno/Milparinka.... he gave away 49% of these leases to AMWD for some drilling. Terrible decision.