What is this mob up to?

What is this mob up to???

From the Sep17 Activities Report:

EXPLORATION ACTIVITIES FOR SEPTEMBER 2017 QUARTER

"During this quarter, the Board continues to review potential project acquisition opportunities to enhance shareholder value in RMA."


From the Sep13 Activities Report:

EXPLORATION ACTIVITIES FOR SEPTEMBER QUARTER 2013

"The Board is constantly reviewing any potential project acquisition opportunities to enhance shareholders value in RMA."


During this period they have missed acquisition opportunities in the Lithium, Cobalt, Graphite, Copper and Nickel spaces.
Just what is the agenda? Surely they don't plan to persist with coal tenements?
Why not try to sell them off before they become worthless?
CREC recently voted against the share consolidation. Anyone have any idea why?