the delay thus far and why things may change, page-24

AuAug and Penny, I agree. They have the mindset, and run the company as though it is a private company. The third director changes from time to time and appears to be there as a token, in order to fulfill legislative requirements. There appears to be no effective accountability for the board. Its an area I would like to see addressed, otherwise they wont be taken seriously. Times have changed and Good Corporate Governance is an area of increasing importance. They need to be seen to be practicing it, and unfortunately they do not come across as though they really are making an effort in that direction. I believe the gold is there, I believe the recent forward statements about production for the next quarters, but the company is not believable to the market in general because they thumb their nose at current trends in Best practice re: Corporate Governance.