The previous board were asset traders and the business of MPO...

The previous board were asset traders and the business of MPO was trading assets. An important part of this process was proving up the potential of our assets before sale - but not production. And they were reasonably successful

When Mitchell and co. were forced out we lost their asset trading expertise - hence the problems with selling Mungi and the RSA assets - and the focus moved to prduction. But we have no production (yet) - and retain our non-core assets.

Through agitating for change we succeeded in a way that few of us expected - we changed the focus of our company.

I did not support the change until it was made clear that Ian Gorman would leave if Beck and co were unsuccessful. But had I realised our focus would change - I would have sold. Silly me - I didn't.

So we all must assume/hope that the new focus on production will work out. I am ok with waiting a little longer but nothing can change the overall poor market sentiment.