Wow AM74 you clearly have no idea the logistical roadblocks that...

Wow AM74 you clearly have no idea the logistical roadblocks that exist in this project or any knowledge of basic corporate finance . I don't often comment but am drawn to reply to your misguided and very unfair post. Quite frankly if this is your view sell your shares and leave the rest of us shareholders to ride this out. No one has solved the impossible logistics issues in the past and it took till Karan came along to be enable this progress. Its 700 klm up a remote river in a remote jungle!! Without Karan and Eddie Chin and the team they put in place this would be just another stranded asset in a remote location.

Quite frankly Karan is the hero of this story and has added the essential value to this project . This was an unfinancible project. How many times did this company announce financings for the project that fell over . That's because its so difficult to finance a project where the logistics have never been conquered before ---- but Karan and the team have done it .

To hell with this bull dust about conflict . Its very normal for a CEO to be managing Director and the ASX is littered with many example of this including those with major shareholdings. Karan has got Aahana to help fund this project without serious dilution ----shareholders have benefited immensely from this . They could have done a massive down round equity raising at 4 or 5 cents but instead gave the company debt finance which while expensive is by far the best result for shareholders and that is reflected in the share price going from 1.5 cents to 16 cents and going higher.

Arm chair critics like you have no idea about how difficult this is and the amazing progress Karan and the team have achieved . Karan has shown himself to be an all rounder CEO candidate . He is hands on regularly on the remote site making sure the progress keeps going and problems solved, he has been front and centre in negotiating the key contracts for the project and he has been key to the corporate requirements in financing the project .

Well done Karan you deserve this posting and the company now has an even better chance of success with a hands on player as CEO.

look at the history of this company and the many false starts because of the difficult logistics . I think we are in great hands with Karan ----- and the financing arrangements are the saviour of this company not the pariah you suggest . Contrary to what you say Karan has covered himself in glory in getting this financing deal done . There is no other finance possible for this project and that is evident in the many past failed financings. To suggest anything different just means you dont understand corporate finance especially in a remote country , remote project.

I say well done Karan and know that the majority of shareholders in addition to Aahanna back you and support your appointment as CEO as a key driver to the future success of the company .