Ann: Notice of Annual General Meeting/Proxy Form, page-7

Given there is one recent appointment to the Board I would assume "incompetent clowns" refers to Simpson and Milewski.
In Simpsons case he looks like he has guided Peninsula Energy through a very turbulent period to become the next Uranium producer and many are now coming out of the woodwork singing the company praises and its potential. I would suggest hardly the work of someone incompetent.
The other has taken a large pay cut to preserve company coffers until the company has an operational project. Not the actions of someone wishing to bleed the company dry as some wish to portray.
A lot of posters seem to be ignorant of what has been going on in world markets and just take it out on the easy option. Not surprising as a couple have proved incapable of even reading company reports in the past.
There are a couple who along with me noticed and watched one big buyer get under the radar of posters here a little while ago. Just like then there has been some buying of interest that I have picked up. Of most interest is the fact I have established there is a link to these buyers.
So while the doom and gloom posts dominate the threads there are others apart from me that have formed a different view and acted on it.
Interesting times for those that don't follow general consensus.