Ann: Annual Report 2017, page-7

I've liked everything about this company until this announcement. Why do directors (just like politicians) get so full of themselves that they think no one is watching what they do? (It's like calling an early election - a smell of trickery is afoot.) Now, as a result of their proposed gift to themselves, I am questioning their wisdom. For instance, is the move into South Korea just a con? Are we to believe that the Koreans were so incompetent that they couldn't see the gold dripping from the walls? OK the gold price in the old days was cheaper, but I think the average Korean's wage was a bowl of rice with a pickle. From my understanding about the Australian gold fields during the gold rush, the Chinese were far more thorough at extracting the gold, and I don't think the Koreans would be much different. Also I'm wondering, was the payment of the dividend just a sweetner by the directors so that when they made their raid on the company, we would look the other way. Also, it seems like the director's plan for the next period will be to warm seats, enjoy the good life and sketch a plan for mining beneath Cannon. They have left the work in South Korea to the Brits, as far as I can see, and not much else is happening at the Oz tenaments. I'll vote no (hopefully the directors can't vote).