karantzis has resigned, page-36

Quix, fair comment but mine was meant to mean he goes now when the ship is half underwater & sinking fast rather than go ages ago when there was a good chance of salvage. I guess I was also amused at fishgutzs efforts to rewrite his HotCopper history. He has lead tyhe cheer squad of support for all actions taken (& not taken) by management for the past year or so. Spruiking the merits of the SPP, funding from vulture capitalists etc.

Chilia is correct that the chances of getting good, capable people to join the board now are very remote - no one wants to be the last man standing. MSO has had the same dilema, plenty are willing to assist, by very few are prepared to take on the very real risks.

I worry that Jim Zavros has obviously seen more in RMA than the rest of us & does not like what he sees thus he will not place himself in financial & legal jeopardy whilst there is a significant risk of implosion.