Thanks Avarive09.
I'll have a read. "H" 28 hole program (supposedly) I guessamited about $3m.
Exploration cost as of Annual 10 was only $1.3M. $6.5m the year before. Even though $2m went to Goldfields under "exploration".
Thats some cheap holes. Maybe with ASX looking over their shoulder, there is now a bit more honesty.
I'm sure mine was not the only complaint.
If this bunch went alone on a mine, I would be very scared.
You could easily double the share issue just to start with.
1/4 would disappear to "facilitators" Every part of the mine would be "supplied" or "consulted" by the 5.
Be back to market again and again. Getting richer and richer.
Remember, this mob since 06 has increased the issued shares by 750%. Mostly to themselves.
There is no getting rid of them. The directors "are" the major shares holders.
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