company structure changes

I used to be a shareholder but got out due to dissatisfaction with management. The resource itself, well it's world class potential.

The first step relocation of head office to Melbourne. Good move.
The second step appointment of Peter Hatfull. The company certainly needs a financial strategist. The cash situation now would be dire http://www.goldstarnl.com.au/pdf/Board%20Appointment%2014.7.08.pd
The third step the appointment of an MD that knows mining/exploration in this area. It looks on paper as if Mr Gordon Lewis is well qualified. He starts in October in Melbourne.
http://www.goldstarnl.com.au/pdf/Appointment%20of%20MD%20and%20NED.pdf
A. King gone. Excellent.
The fourth step the appointment of Mr Graeme Sloan.

The fifth step has to be Gordon Hill gone. I imagine he is getting ready to go anyway, rather than relocate.

Somewhere I noticed an intended appointment of a CFO.

There are still questions
Uppermost, What sort of financing will the company seek ?
Debt or Dilution ?

What is the new board's philosophy ? Hill talks a lot about "The Feasability Study" but I get the impression it is based on grandiose financing which the company hasn't got. To my way of thinking too big a dilution or worse borrowing or hedging with a predatory financier. Also a feasability study based on drill results which don't give the right answers in this type of country.

Is the board now going to start thinking about current shareholders in a way the previous lot looked on them as victims ?

Are they willing to start small as in HEG or I believe MCO, and work up to something bigger organically, thereby preserving shareholder capital ? If this is the case it already looks like too many chiefs and not enough indians.
What about geologists ? Is another chairman and CFO really necessary ? Can't they be appointed from among the existing executives ?

I would like to know if the new board intend taking up shares in the company. I feel more confident when directors' interests are alligned with mine

The company is in a hiatus period right now but shareholders will need common sense answers before confidence can be restored. In the meantime I stay on the sidelines.