The fact is, over the last 12 months, all these guys have done is publish the annual report, put out the quarterlies, provide JDC updates and invest further dollars in JDC.
This is all they have done as far as we know.
It is very hard for the most ardent supporter to deny that they have been overpaid for this amount of work.
No offense to Cliff, but he must be twiddling his thumbs 4 and a half days out of five. As for the $10K retainer paid to the guy in the US, well he is doing very nicely.
Nevertheless, the withdrawal from Namibia was a smart move and the company will be better off if JDC are successful.
AEV Price at posting:
9.4¢ Sentiment: None Disclosure: Held
