Cash/Investments $7.8m !!!!!, page-20

How you been Crommy? IRC not getting you enthused as much lately (which is understandable).

I have been a little broken-hearted about IRC.

Firstly there was the big sell-down by big holders when we were just building some momentum after the announcement of a world-class vanadium project. This monumentally selfish and short-sighted behaviour gave option holders (mostly loyal shareholders) a bloody nose & cut off the company from a crucial source of funds that could have been used for growth and expansion. I think what happened was evil.

There is a common thread running through the SP struggles and wonky decision making at IRC / RWD / EAR and I'll leave you decide what it is. But I now think the bloke concerned is a massive womble.

There is quite a bit now that bemuses me.
- EGS was an obviously badly run outfit. Why didn't those close to the scene in IRC not have any reservations about getting in bed with that mob?
- The RWD investment should have been cashed up when their SP was buoyant, instead we tip more funds into a flagging entity.
- What is up with our partners in the Vanadium? Hardly a squeak to be heard.
- The vagueness around the 'purported claims' & the vague resolution.
- MRP? That came out of left field.

My sentiment is hold as I still have a holding. But very dejected about how things played out over the last 12 months. Could - and should - have gone another way IMO.