Dear RobertGordon,I agree that the MD's current insolent,...

Dear RobertGordon,

I agree that the MD's current insolent, arrogant, self-serving behaviour on top of lack of performance, in fact total incompetence, is appalling.

The rate of cash-burn against reserves is almost entirely a function of the MDs irresponsible greed.

You correctly point out that he is drawing 3 salaries for often only 20 hrs per week all up and where this is in addtion to Directors Fees and upfront royalties from Wollogorang and option fees from Now Nowa.

He is in no way fulfilling the duties expected in any one of the roles and following his demonstrated failure as CEO to now style himself as an exploration mgr and geologist is a sad joke.

The only hope of salvtion for our investment is to see Reveleigh off quick smart. Then all new projects and additional to accompany them. All the existing projects hve been ruined by the lazy, haphazard manner in which shareholder funds have been squandered on them.

FYI $7M was raised in the float in addition to $2m seed prior to the IPO.