The financials show a precarious position however it highlights a 2 million or 50% cost blow out for the 3D Wannamel Survey. The total cost was / is over six million for a what, twelve month project? That's 500k a month or 125k a week! Superman Kent and the Board are right to see where our money was spent. As well as the money for a gas plant still not working properly what was our consultants doing?
This report is a breath of fresh air. It is also omnibus in its steadfast goal of leaving no stone unturned. Bring it on man of steel , warts and all please.
when ERM launched their bid to remove the old Board I asked them to not forget us. The shareholders and to date they delivered.
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