re: Ann: 2013 half year report announcement a... To all the...

re: Ann: 2013 half year report announcement a... To all the weaklings who approved the remuneration report,

today you got an insight into why it is imperative NOT to

reward incompetence.

The decimation of our M&A kitty is a joke.

Now we can almost forget about making any serious attempts

at picking up another struggling miner unless its weighted

towards a script deal.

Too many directors.

Overpaid senior management.

$1 billion mining contract over 6 years to Theiss

(they must be laughing after the wall slide)

Too many workers on site (how many were cleaning windows ,

gardens and management cars after the wall slide.

All that money wasted on exploration around PH.

Head office in Melbourne and not Adelaide.(they must have

a corporate box at the football.)

Money blown on worthless share buy backs, capital returns,

etc.

What is happening with the tunnel boring machine they

bought.

One mine exposure ( i always said if any terminal events

were to happen at PH we would be in trouble and what

happened- the wall slide.)

The hurt continues for the long suffering shareholders.

Imagine what our share price would be if they did'nt pay

some sort of dividend this half.

Maybe thats why they did.