Very very poor performance over the past 6-12 months. What I...

Very very poor performance over the past 6-12 months. What I will give them is that they do seem to be frugal with corporate overheads but you can't sacrifice spend on the projects and move at such a slow place.

Very little progress made on the ground, limited shareholder communications both in terms of ASX releases and ignoring emails and phone calls - not a good look.

The access agreements at black hills should've been sorted a long time ago. At first they were touting the northern area as the high priority and now after drilling and access is sorted the southern area is (and supposedly has been) the high priority target and the northern area is "priority two":

Ann 24/11/21 re the Northern Target


Ann 1/8/22 re the Southern Target






Not sure how they can now front up asking for approval of further performance incentives but hopefully they align interests.

I am sure Mike is a good geo/technical operator but his corporate nous and communications strategy are yet to be proven. Will be interesting to see if the backers come when they go to market to raise.