rights issue, page-10

MCs performance with CSM was exemplory with targeted production always being passed however he is coming under question with TTY if you note the sp drop on poor output from Francis Creek with failed to meet targets there and at Davenhurst (personally I think he should stick to his knitting and not be embarking on taking bigger holdings in MON and OLY especially MON as its away from his expertise in Heavy media seperation and transporting of bulk commodities

But someone needs to run OLY who has a few clues and the present bunch of directors are pathetic

From a self interst perspective due to holding the ops I hope TTY dont take over OLY for several years and it seems strange ops were dished out to management if there is no way they can become in the money