I am looking into year expense, its growing bigger and becoming...

I am looking into year expense, its growing bigger and becoming more expensive.

Is Angus Edgar a serial failure for SHs? Of course, not for himself. He is a director of 2 mining companies (RER and AJR, earlier know as TNC), getting paid over 240k from each and free options, and fringe benefits. He also serves as a Corporate Advisor and Managing Director of Melbourne Capital of Exinda Inc. I believe he uses his company to serve and charge the company he work for as a director.

1. Did Angus Edgar charge million to RER for Melbourne Capital of Exinda Inc. consultancy? if so, why are we paying $240k for him? Isn't it conflict of interest? There was another million charged year 2012 as well.

2. Why do the DRC project for 60% rights cost over 10millions for about 30holes (NGODD020-NGODD051)? In comparison, KDR, for 100% rights in Aus, drilled over 100holes (copper/gold) in less than 12months. It costs KDR about 6-8millions. I thought mining in DRC should be at least 50% cheaper.

3. There were too many hidden cost (employee benefit expense, share based payment, consulting expense, other expense, finance cost) and no accountability or proper communication. Were these most of expensive is going to one man pocket/his company?

4. No drilling for last 3 months.

5. There was mention of CR on page 46. With growing expense I won't surprise another CR early next year.