Quarterly reveals same ole same ole shenanigans – shame on the...

Quarterly reveals same ole same ole shenanigans – shame on the authorities for not acting quickly enough. This Company has not undertaken any material exploration and development work for years and yet they are now receiving R&D (2014 $735,000 net of agents fee, LOL) payments to stay in the game.

Payment in and payment out and accrued to exploration and development yet again ($698,000), all they have to show for this are the words “aggressively pursue”! Now we know why they are still there and it’s not for love.

They also failed to report in “Subsequent to quarters end” section that another application for forfeiture against the key tenement had been lodged on the 10th July 2015 (source: DMP website, extract below), 20 days before the quarterly report - deja vu. Not material – please explain!

Wouldn’t want to be on this board when the ATO and others come a knockin and they will.

Keeping shareholders informed and balancing the view. DYOR, please.