I see Matthew Sheldrick a director just handed in 2,140.000 options ex at 20c. No return. Must hurt even though he did not pay a cracker for them.
He now has 500,000 left June 2011 ex 10c.
Surely the three of them can drive this company by doing thorough research, followed up with good planning and then a strategy to implement drilling. They have excellent ground to explore. The Mystique project could be a real winner.
Irrespective of current market conditions, they now have an opportunity to get all the hack work out of the way and have
some positive results for the market when it turns again.
The initial drilling exercise for lithium at Karibib in terms of planning and execution was appalling. Rigby is supposedly a fully qualified and experience geologist. It appears he took a few rock chips, grabbed a drill, dug a few holes at Karibib to see what would happen. WHAT!
They are now taking a 'holistic' approach to the whole area, but what are they actually doing. Why did they not do that in the first place. They need some results next time or at least demonstrate they have some idea of what they are doing.
The gold and lithium prospects are excellent, what about some planning and management to go with it so that shareholders like myself can see some light at the end of the tunnel.
and communicate your activities!
I see Matthew Sheldrick a director just handed in 2,140.000...
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