Strauss, I have to agree what you have to say. Today’s worst...

Strauss,
I have to agree what you have to say. Today’s worst dogs are tomorrow’s biggest winner. I do agree with your statement in general, not with this company or the management.

Previous management were doing very systematic work, however the previous MD had problem with company fund or cash management.

Since NMDC has taken position with the company. All the announcement are cut and paste every word and the pictures. It is like recycle bin.

They will announce commencement of drilling and exploration activities. The results are announce in quarterly. The reason they do this due to negative results. It shows lack of knowledge or skills in finding the deposits.

Last year they had three announcements other than quarterly, annual and other general announcement. As listed below:

17/04/2015 - Koongie Park – RC drilling to commence
17/09/2015 - Mt Bevan field program commences
01/10/2015 - Mt Celia drilling

The results from these activities were announced in the quarterly or never. Not many companies will do this. Hide the results in quarterly.

After drilling thousands of metres and having defined magnetite resource. They keep talking grab sampling and mapping. This activities will be done and dusted first couple of years of tenement holding not after defining mineral resource and may be PFS. They are doing exploration activities on these tenement since they are listed on ASX.

If they had shown some care or confidence for shareholders. I agree with your statement - Today’s worst dogs are tomorrow’s biggest winner.

Cheers