re: Ann: Synergy proposal to redomicile to Be... These foreign custodians of an Australian resource are an absolute disgrace.
The previous board was criticised for "drilling, drilling, drilling" (they only wanted to do the responsible thing and prove up a resource then go mining). This new board has wasted over two years and money on consultants only to be advised to re-commence drilling in accord with the old board's program - no mention of planning for production. They still have not collared the first Centre Country hole despite having had some three years to get things underway. Success in the Centre Country will open up a whole new ball game for SML but many of us might well be in wheelchairs at that stage.
Wouldn't it be nice to say "ship ahoy" to the captain and his crew and re-introduce a competent mining oriented board - not likely unfortunately given the state of the share register.
Hopefully the Chinese contingent will become sufficiently disenchanted with the incompetence of the board and place their holdings on the market.
Add to My Watchlist
What is My Watchlist?