I'm all for maximising shareholder value and not wasting money,...

I'm all for maximising shareholder value and not wasting money, but I think the last two AC drill programs have been anything but. The one in Feb had the opposite effect because it cratered the share-price and then they rubbed salt into the wound by doing CR straight after. Why do that especially when you know you want to do another CR? Instead of a rubbish AC drill program to the south (where prior historical short holes were duds and the odds were against you), why not drill those walk-up historical targets that have never been followed up to the north like MP-14 and MP-15 where the odds are with you in getting meaningful hits? Then you can do a CR from a position of strength leading to less dilution etc. A better holistic outcome. But no, that wasn't the approach taken. There have been some very questionable approaches and they need to clean all this kind of rubbish up if they want to progress as a developer and producer. The new Chairman is a welcome change and the proof will be in the pudding. I also think that the honeymoon period for the new non-exec director is over and we need to see tangible value-add very soon. I also still think they need a young gun Executive Director who has strengths in strategic decision making, planning and organisation. Preferably someone outside the inner sanctum that can offer the objectivity thats required to hold everyone to account and to demand a higher standard from each and everyone. This would help guard against complacency and comfort zoning that I think has plagued the company. AIMHO (DYOR).