Ann: Mount Isa Exploration Update, page-107

Well we are now sitting at an EV of $20M, we have JORC resources and a huge number of tenements with massive potential. I think we are now way oversold and undervalued now.

This is what happens when you have an MD that doesn’t communicate what is going on, company vision or future plans, everyone just assumes the worst.

Definitely should be forfeiting his performance rights after the last 12 months performance. The SP is sitting pretty much exactly where it was 12 months ago, if that’s not a terrible performance I don’t know what is.