CYS was very specific about their strategic plan in Doolgunna, late last year they outlined a step-by-step process to help identify prospective drilling targets and then mount a drilling campaign.
On the 5th of November 2009 (four months ago now) they had completed the first step - i.e. airborne VTEM results were released identifying five prospective targets, one in particular was touted as a "priority anomaly". In that same announcement they also stated that "ground EM is now planned to further define exploration targets".
Since Nov 2009 our board has made no announcements at all regarding this important project.
They have managed to make important decisions regarding loaning a truckload of "our" money to directors interest free and no repayment dates set... As well as diluting our shareholding by throwing shares at themselves...
How about getting down to business in Doolgunna or at least advising us why our company has sat on it's hands for four months?
CYS was very specific about their strategic plan in Doolgunna,...
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