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25/11/14
11:42
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Originally posted by benwas
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hi all, can someone explain why an announcement hasn't been made or why H/Q have not informed AGS of this?
I live in a small town called Millicent where most of the drillers and rigs are based, they were all put on hold during the middle of the year due to the beverly mine shutting for viability reasons.
so as you would expect it was great news for the community when the drillers and rigs were once again called into action, but this time at the four mile tenement. this was over 9weeks ago
at the start there were two rigs operating, one on a 24 hour operation and the other on a 12 hour shift, completing around one hole every two days.
so by my calculations around 31 holes have been drilled.
the operators all have the view that H/Q are running and acting like they own the whole thing, without need or cause to consult or include AGS???? how can this happen?
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Good question Benwas. Something more for them to deny at the AGM tomorrow.
If we don't get a satisfactory answer I think we should take this to ASIC. This company needs to be investigated.