ASIC the toothless tiger? You have to have pretty hard evidence before they'll do anything at all. Now I'm not a big supporter of the way things have been run in the past, but I do have quite a few reasons to see this company succeed. I would support making a group representation to the board with a list of questions regarding shortcomings. It may be an idea to present it to Kevin Maloney who has given management a $3 mil (unsecured loan) vote of confidence and get his take on the issues.
A set of good drill results and the third party offtake agreement will be the best answer to any questions.
I'll be happy to add my shareholding to any fair and decent presentation of questions regarding some of the past shortcomings of the management of qmn.
QMN Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
