Good points John. But you shouldn't be having to tell us this, the Company should, via more detailed news. I think the word 'entrepreneur' has upset some of us, in view of the fact that the sp is currently struggling, and in reality has been unhealthy for quite some time. Disappointed that progress has been extremely slow and nothing yet to show for it after four years. In reality, this is a poorly performing outfit to date. I feel we need more mining expertise on board. I dread to think at what sort of sp the next funding will be raised, so Ed has to get Mutsk going sharpish, as, barring a sale of Deli, it's the only thing that will drive this back up, especially if gold prices remain sluggish. You may be unhappy with some of the comments here, but on the main I don't feel they are unjustified. The Company needs a spark from somewhere, and the appointment of an 'entrepreneur' suggests to me that the BOD in its present form is running out of ideas. The Company should be telling us what the plan is though. The main reason for the additional cash burn on this appointment. Is it money we can afford to shell out at the moment? An absolute necessity? We should have had a more detailed RNS, particularly while the market value of our Company is in this current shape and has been floundering for some time.
17 million to take to production of which reservoir would have to have to fork out 25% Now if they dont want to they have to sign all deli jov over to ore Now this guy they have brought in has the backing to take us into production After hes finish his back packing
Two questions, 1) Can he clearly describe what the business strategy is? "What, by When" 2) How are each of the BOD and Management team individually adding value to the amount that is greater then their salaries? Perhaps he could profile each one and their accountabilities on the website?
1. How come the sp has dropped more than 95% since MVC days of 4 years ago? 2. Why are we employing 'entrepreneurs' to the payroll. Surely this is another pointless salary? 3. How does he and the rest of the BOD justify drawing salaries when the shareholders have seen over 95% drop in investment?? Aren't they drawing our money?
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