Denial,It is not the responsibility of an MD to deal with issues...

Denial,

It is not the responsibility of an MD to deal with issues of Board propriety but that lands fairly and squarely in the lap of the Chairman of the board. (Gazzard has worked very hard and in my opinion does not deserve to be blamed for the eventual outcome of this debacle.)

But of course OLY's Chairman happens to have been invited to join the board of NMI and join the OLY founder and longstanding OLY director and full-time Executive Chairman of NMI( and from the Target's Statement also part-time TTY consultant, financier and corporate advisor of 25 years' experience) which of course was accepted by him on 21 March 2007, some six months before the very same Exec Chairman of NMI's disposal of all interests (except 2000 or so options) held by him and assoociates (and of course the contempraneous sale of the substantial shareholding of NMI) in OLY in October 2007 to TTY and of course the very same person who remains to this day on the board of OLY.

It would be interesting to know whether the full OLY board was canvassed beforehand by OLY's current independent chairman about the suitability of joining the board of NMI, but I digress.

But of course this is merely an academic interest in the issues of corporate governance, as TTY will have 50% of OLY by the end of this week and in true Perth corporate fashion, all will soon be forgotten except the by the battered and bruised shareholders who have done their shirts.

But of course it's other peoples money!

Denial, there are a number of others out there who are really p*ssed off and would be very happy to support the full examination of all relevant matters.