It is tempting to get paranoid over real or imagined games being played when things are going badly and uncertainty rules the day. But is there a ray of hope? Is Anderson there as much due to his economic and commercial experience and quals as to his ability to draft favourable legal commercial contracts? And, why did the BOD authorise a forward estimate of $2.4 M exenditure in the current quarter or exloration when we don't have a CEO and why did Hartley propose that amount when, as Oly has pointed out, our scandium reserve is defined. Hotrocks, you home in on this as has Fluffynymph in another thread when he said "With $2.4m expenditure being forecast to be spent this quarter on exploration and evaluation, it looks like a pivotal couple of months ahead".
I do see a positive in Hartley's fixed determination to carry through a consistent plan on scandium but did worry that he had lost the plot when seemingly unable to switch to more sexy minereals of the neighbours and that ßkaergaard lease. OK, maybe now that is about to happen with the right CEO and sufficient allocated cash?
Lots of questions there and Blind Freddie would expect that candidates would be assessed for their ability to get maximum value and results from a program of that magnitude.
Overnight I seem to have softened my outrage. Well I have to having held now since the beginning and as I have no intention of dumping while such valuable assets are held and there is at least an intention to realise the potential.
HR, your comments on Munni Muni require an answer. I see that ARV plan only $1.5 M in the current quarter on exploration: is that enough for their range of activities and to cover their obligation to pgm? Or is Munni Munni not the main game for pgm and if a jv goes ahead that's good enough given there are bigger and better plans elsewhere?
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