Ann: Soil anomalies confirm KM3 airborne EM conductor target, page-30

If you want to focus on past performance then perhaps best to focus on the performance of ‘current’ management.

Peter Meagher recently appointed as chairman on $60k/year is something of a head scratcher? 60k for a guy who’s been there and done that in neighboring Namibia. You would have to assume that the 3m oppies with a 6c strike he receives as part of his package weigh heavily into overall remuneration, a solid vote of confidence if this is the case.

“Meagher was instrumental in growing Extract’s projects.

These were eventually acquired by China Guangdong Nuclear Power Group through a takeover which valued Extract at over A$2.1bn in 2012.

Meagher also brings experience in corporate finance, an important attribute as the company looks to fund extensive exploration programs.”