These are good questions and observations for the BOD to address...

These are good questions and observations for the BOD to address !! Sounds like they are in love with their bank balance more then anything else. The BOD don't appear very active compared to other companies in the region, its almost like they are waiting for someone to offer them a TO or something.

Love to be shown otherwise, most likely a very part time gig for these boys that seem happy to do the very minimum on the resource development and happy to promote their strong bank balance as a headline, rather they actively deployed the capital and put it to work rather then talk about it sitting in the bank.

They are obviously not interested in retail investors while they are feeling so warm and fuzzy over sitting on $3.7m, this is evident also by the lack of any reasonable efforts to provide detailed announcements, well certainly not in recent times.

I can only assume the BOD don't believe they will ever need to do another CR and they must have something taking shape, otherwise surly they would not be so obtuse, or give such a strong an impression of same.

M