The biggest issues I have with management are:- Why pay a...

The biggest issues I have with management are:

- Why pay a dividend when you turn around and raise money soon after?

- Why didn't resource extension drilling at Kanmantoo commence ages ago?

- Why the sudden turnaround in strategy to go alone at Kanmantoo. I spoke to employees at Hillgrove at the height of the GFC. I was expecting them to be down in the dumps but they were very upbeat because they had a JV partner lined up. By going solo, management were either convinced they'd get the money from an ESG takeover, wanted to sell the mine, or were convinced copper prices would keep going up. It appears as though this decision has backfired. Going solo on K is a dangerous strategy.

- They're not telling us shareholders anything. Whilst not uncommon, it is still very frustrating.

I'm still holding however and hope there is a lot of upside from here. Has to be cheap at these prices.