"The Company will explore various options for Hog Ranch including a review of recent inbound expressions
of interest, joint ventures and other funding options or partnerships. There is no guarantee that this work
will result in any transaction."
The need for the Board to seek Treadstone consultant advice if there exists "inbound expressions of interest, joint ventures and other funding options or partnerships" for Hog Ranch was something that indicated something was in the wind but which exceeded our current Board's expertise to progress.
I have no mining background but some experience in dealing with consultants. Progress reporting is always key to good consultancy engagement - it is now nearly 6 months and (to my mind) surely the contract would have included progress reviews. I would have thought the Treadstone expertise would have something to report well before now?
I have no experience with attendance at AGMs but hope that those with such experience will be attending and putting some very pertinent questions to the current Board on just what they have been doing (or not doing?) to start getting shareholder value on two seemingly great assets.
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