Just be patient as Chairman Kevin Maloney has been doing a great deal of work, with the backing of Tulla Group, to keep the company alive. It's only because of Tulla that the company is still alive and we have all the debts cleared - even if they only got about 5c in the dollar. The Tulla loan looks insurmountable.
On checking Linkedin there are two directors of Norseman Gold PLC and nine employees of Central Norseman Gold Corporation Limited.
This comment by one employee does show something is happening;
'My role at Norseman will involve overseeing the commencement of a number of open pit gold mines in the highly prospective historic mining province. Norseman has a high grade gold production history spanning 70 years, with over 5.5 million ounces being produced over that time. The geology at Norseman is challenging due to its complexities, with huge potential still for million ounce plus deposits, not exposed at surface. I will also be reviewing the existing underground mines at Norseman for potential mineralised areas at depth and along strike. A number of possible cross link structures in the Norseman Mainfield, similar to the 500kOz Bullen Cross-Link require detailed evaluation also.
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Norseman also have prospects for thermal coal. This market has been improving sharply over the last year.
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