re: hydro comments, page-3

re: hydro comments Hydro, i have no idea who you are; nor if you are trying to back the DP Nepocracy by way of reverse psychology, however you seem somewhat more intelligent than the aforementioned Megalomaniacs Mob, so I am giving you the benefit of the doubt.

To formulate a business plan one would presumably need to know what actually is going on in the business. Unfortunately this is impossible to ascertain, even by a dissident Board member(s).

Until full details of Jervois financial, business and exploration situations can be analysed, all that the reform team can promise to do is:

1. Re-engage with CRR or indeed any other entity interested in developing the Young Nickel laterites deposit. (And if another entity comes along, so be it for Doublelink).

2. Investigate why the WA gold mine has been allowed to continue to operate at a loss, even when gold is at record levels at recent US/AU exchange rates. For all intents and purposes there seems to be something terribly “unsound” with this farcical operation. Sell it or make it profitable.

3. Find out what has happened to the “imminent” development of the Nyngan scandium deposit. (Seems to have dropped off the radar in favour of mad diamond and molybumbum exploration! LOL)

4. Reduce staffing: Basically we only need a GM and offsider running the coy until something positive hits the horizon. All other positions can be contracted in as needed.

5. Change the culture of Jervois whereby we have a company that realises its main assets are its shareholders.

Hydro, if you are as you intimated, a person with extensive business experience, you may be able to add further to a short-term “business plan”, but you must acknowledge that to develop a full blown plan is impossible without accurate information.