Ann: Multiple Cobalt Anomalies Identifed at Skuterud, Norway, page-6

There seems to be a consensus that BMT is sitting on some nice dirt (and snow at times) and has adequate funds to progress on a few fronts, maybe even some new ones. However, I cannot help but ask, why doesn't Neil make any comment around the Board's sentiment on these results or advise if they are at least pleased with hitting such anomalies?  

I appreciate it is better to have a more conservative approach to announcements compared to companies who overstate or ramp things up on having very little, no argument there.

BMT has some really good things going for it, I'm not asking for a song and dance routine from the Board, but for crying out loud, feel free to use at least one adjective in an announcement like this.

I think it would be appropriate for Shareholders to be provided at least an impression of what the Board thinks of the progress to date. How about some interviews? Articles? Even a webcast to give confidence that the Board have the energy and capability to see the resource opportunities through.

The only impression I get thus far is the Board is only motivated to provide the bare minimum frequency and project detail with regard to announcements.  More concerning is shareholders will start forming their own views on why this is the case, is it ego? lack of confidence? just don't care? timid around compliance concerns? or there's really not much to report? lack of respect for Shareholders?

There doesn't seem to be any effort to build a detailed timeline of events or results to come in the future in the announcements, is this due to a fear of being held accountable?

I think it’s fair to say, the less information provided makes it easier for the Board to avoid accountability should things not pan out as expected.

Yet providing the least amount of information without providing some Board sentiment on progress leaves Shareholders to start playing guessing games which can undermine the perceived potential value of BMT's projects pretty quickly.

Maybe with plenty of dollars in the bank, it’s not important for the Board to overly consider retail Shareholders, maybe it’s all planned out and BMT never need to do another public CR, I hope so.

Surely some balance can be contemplated Neil with regard to my concerns?

M