Ann: Exploration Update-MRD.AX, page-63

What else would you call this sequence of events?

A technical review is called, bringing in an outside technical expert in the deposit style being explored for;

The MD resigns rather than see what the technical report has to say;

The day after he resigns, he dumps all his stock on the open market;

Several days after he resigns it is released that the hole he said was lost isn't in fact lost and can be retrieved, and the replacement hole he drilled was stopped in the target rocks 180m short of the target depth. The new release states that both holes will be reentered and further work done - ie new management overturning the last decision made by said MD to stop work (that he didn't release to market.). If other board members had made the decision to stop and the MD resigned because he wanted to keep going - why would remaining board members then 180 degree and decide to keep going once MD is gone???

Quacks like a duck, walks like a duck...... Most likely a duck