The one thing that Andre is seemingly incapable of doing in his...

The one thing that Andre is seemingly incapable of doing in his many presentations is articulate what his actual strategy is...beyond the geotech resource exploration pictures. The presentations are completely disconnected from the emerging financial position of the company

The company in my view is in survival mode, not exciting growth mode. The ASIC should be having a good look at the language being used and the marketing spin. You would only invest in this business is your thought it was a turnaround that will work. But without a strategy how do you make that determination

They have hired burnvoir to examine options for refinancing bonding and debt. They are using money from a capital raise to pay creditors for existing operations....not growth creditors...or capital projects. They have conveniently omitted telling the market how much revenue from existing operations was received in the quarter and relied on AISC numbers x production....that doesn't explain how much they are actually earning for product they produce or what is going to stock. Given the cash position statement they are not earning enough money from existing operations to fund the developments on page 4 of the quarterly results presentation never mind existing operations.

They need a new CEO