new newsletter out, page-4

Totally agree with the latter.part of your statements thedarb. I will go further to comment on points in the newsletter regarding Iannello & Headings ability to spend time on the board. In my experience & as far as I know with most successful companies most board members are part time & that is why these people stand on more than 1 board. They are usually sought for their professionalism & experience. This IMO would reduce our costs rather than paying the "consultancy" rates we are paying now. IMO we need clever board members that pick the right people to do the operational duties at less inflated costs with bonus' in place should certain hurdles or further discoveries be made.
How is the comparison they make with the costs blowout of Red Gully vs. the other mega projects? As they state not bad by Conco Phillips being on the money for a 3.3 billion project. I would say that was expert professional planning wouldn't you?