This week coming the ann will be delivered for the EGM.This...

This week coming the ann will be delivered for the EGM.
This stock has languished for a while due to inept action and looks like a partner that has no concern except for themselves. My reason for this is prior to the rights issue the partner left the company floundering to fend for itself by the smaller holders of the company. Only and only when another interested party decided to put their hand up they decided to jump up and down because they were losing control of the board and the company. To me self interest has been put forward but for what, the company was going nowhere. It was progressing like a beached whale. The shareholders and the market are still waiting for results from programs. I decided to check the CUMIC website and if I have checked the wrong one then I have the wrong info. However according to it they dont have an update for a number of years. So it seems that the partner has lost touch with itself. If they are the facts then they are facts. You cannot hide or dodge or weave or try to silence things around you. You are what you are. It seems like we have board members that are incapable of doing their job and what a waste of funds. I find it interesting the enthusiasm the partner has for the rights issue that one "employee" decided to buy 200,000. You will find that the rest of the shareholders have come up with many times over than what the partner has. Obviously the partners board members are not pulling their weight, they dont have a clue in what they are doing or maybe they are just lazy. Then that falls on their boss surely he must know what their performance is. Have a look what has happened to the projects that have been farmed out. They are all sitting still in the water. Take the phosphate farmin in Queensladn near Mt Isa that farmin partner I believe estimated somethng like 400 mil tons. I think that equates to a lot of money. Whats happening nothing. I believe that farminee is short of cash I could be wrong, maybe time to approach on a business proposal. I believe there is other tenements around there too that belong to GCR.
Well HRR is putting their hand up because they can see something cheap Mulga Tank(we should get assay results in a week or two they are due) first hole discovery potential. Copper hill well that has been around for a while but HRR thinks they can do something with it. Then there is good assay results from others like Burra and Cargo that have not progressed.
Now as for HRR putting their hand up they are not offering enough for GCR'S portfolio. The price is way too low they need to sharpen their pencils.
I am not in favor of the dilution that is going to occur. That leaves the rest of the shareholders wide open.
I believe the renumeration package should be revised significantly and come up with another option i.e a higher price. Otherwise nobody will get my vote.
To save all the bull that is going on and wasting money that could have gone to exploration, instead of solicitors, maybe these two should put their heads together and work out a program of joint cooperation.
I must say the board would be fairer if it was equal not as it is at the moment the partner having 3 reps out of 5. That is not a democratic and sensible business solution and maybe all parties will respond to the programs of GCR when it is a balanced board not in favor of one. With people that are suitably qualified in the exploration business.
This is all just my opinion do what you want but something has to be said at least. Anybody keen to view their point?