expenditure 2010, page-7

Well Tigerman

All your figures are totally wrong, distorted and confusing.

Market rewards those who "Delivers their promises". I have not seen any Milestone Chart in any of THX presentations. Rock chip samples exploration : what a joke ?

Good, Great, Big and Healthy are all useless words. Written promises vs delivery of those promise is all what counts. Excuses after excuses including rainy season, non availability of drill rig.

Fact is THX is relying of Next Neighbor Rig(I don't want to name the company. That company owns the rig and have exploration rights next to THX). They are busy drilling at another project site hence THX telling non availability of rig.

Total Exploration cost written off in 2010 financial years was just ($2,150,674). I am sure 50% of that is some consultant fee who goes to site and reports back to office.

Let me make numbers more clear.

Options Granted to Management During 2010 financial years
6.783 Millions (Unlisted)Plus Salaries and Admin expense of $2.9 Millions plus during last AGM another 9 Million Options were Granted to Directors and Management(Just few days back).
(http://www.asx.com.au/asxpdf/20110302/pdf/41x6272vqrwzvn.pdf)

I call is a Fat Salary with for basically "hardly any work".