Mate, how do you know that this is the case "But what I am concerned about is that the certifications they hurriedly had to get from Chilli, for some of the holes used in the MRE, were not accepted. I am concerned that this is the situation we might be in right now."???
You are just picking apart comments here to make up stories, which I would love to believe if they had substance and proof.
Clearly you are not happy with HCH, nor progress made by CE and his team. Then I suggest you should sell and move on to other pastures.
I am not a Geologist nor have I ever released a MRE to ASX, but I can imagine a document that can re-rate a companies SP/MC and perhaps set us on the path to a JV or acquisition will need an independent review of some sort. It cannot be CE sitting at his desk and modelling a few 4D models with some numbers and flicking it over to ASX for release.
A quick search on Google gives you this and I recommend you doing this more: http://www.jorc.org/competent.asp
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