Absolute stupidity, it is no different to them running a small managed fund, they are doing nothing internal from what I can see
Outsouring all geo work to consultants is definitely not a way to run a microcap. Would hate to see the charge out rate they are paying
They booted Peter Kennewell and Michael Leu, who knew Mt Adrah and Halls Peak like the back of their hand. Michael Leu is an renowned IRGS geologist and the assets were already owned outright. Yet before they even release the Mt Adrah review or pierce the surface of Halls Peak with a drill bit (which is DSO grade), they have comitted the bulk of the company's funds to Li projects (that look rubbish IMO) and rely on 3rd party consultants to conduct all geological work ?
Clueless
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