Someone must have had a meltdown in September. We had 2 new executives overseeing an exploration campaign that was planned to test Bay Lake North, then Rusty Lake before moving on to Bay Lake. After BLN the two executives left our employment and we now have legal claims lodged against us for unpaid past executives fees. Then we didn't receive assay results owing to a disagreement with the geological consultants and it appears we didn't complete the drilling planned for Bay Lake. Then we were suspended from trading on the ASX for not lodging a Quarterly Activities Report.
Mutually agreed termination they called it, after a meltdown from a senior Board member perhaps?
How were we allowed to trade when we hadn't even informed the market that the drilling at Bay Lake had been cancelled, as it now appears to be, and we weren't going to be receiving assay results as a result of a disagreement with our geological consultants?
Ann: Half Yearly Report and Accounts, page-12
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