I agree, outrageous and untruthful comment laid out in the Dec...

I agree, outrageous and untruthful comment laid out in the Dec quarterly report for all to see, being:

“As previously stated, the Company would like to assure its Shareholders that all necessary procedures have been taken to protect the Company’s interests and will inform of the outcome in due course. Further, the Company confirms that all necessary reporting and expenditure requirements have been satisfied as required by
the DMP”.

Corporate governance at its worst here. Why?

1. Rent of $90,143 for the main mining lease is now 78 days overdue and counting, in addition to the other two forfeiture actions - initial DMP forfeiture action will be forthcoming.
2. Minimum expenditure requirements were not met on the mining lease.
3. It reads as if they have the money from the convertible note, but not true otherwise the rent would be paid.
4. Same ole same ole.

Corporate governance issues are in play here, IMO. All Board members are accountable for their actions and lack of actions.

Keeping shareholders informed and balancing the view. DYOR, please.