Valuation, page-2

Our new director sits on so many boards so i don´t see any reason why he should be worried with current sp, even if this goes to an empty shell, so what, aimo of course


Background*
Mr. Ariel Edward King, also known as Eddie, BComm, BEng (Mining - Hons), is a Representative for CPS Capital. Mr. King has been Non-Executive Director of Sultan Resources Limited since June 1, 2018. He has been Non-Executive Director at Drake Resources Limited since February 2017. He has been a Director of Pure Minerals Ltd. since March 2018. He has been a Non-Executive Director of Axxis Technology Group Ltd since January 11, 2017. He has been the Non-Executive Chairman and Non-Executive Director of Eastern Iron Limited since July 2017 and July 10, 2017 respectively. He has been Non-Executive Director of European Cobalt Ltd (also known as Western Mining Network Limited) since October 4, 2016. He served as Company Secretary of Lindian Resources Limited from January 29, 2015 to April 21, 2016. Mr. King served as the Non Executive Chairman at Bowen Coking Coal Limited (also known as Cabral Resources Limited (CBS)) since April 23, 2015. Mr. King has an extensive network. His experience includes Manager for an investment banking firm, where he specialized in the technical and financial requirements of bulk commodity and other resource projects. He was the Chairman of Lindian Resources Limited since October 3, 2014 and its Non Executive Director since June 13, 2014 until January 30, 2018. He is a Director of Six Sigma Metals Limited since June 12, 2018 and its Chairman since 31 July 2018. Mr. King is a Qualified Mining Engineer. He holds a Bachelor of Commerce and Bachelor of Engineering (Mining Systems) from The University of Western Australia. 2015.
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Executive Profile*

	Column 1	Column 2
0	Ariel Edward KingNon-Executive Chairman,Eastern Iron Limited

	Column 1	Column 2	Column 3
0	Age	Total Calculated Compensation	This person is connected to 18 board members in 8 different organizations across 9 different industries.See Board Relationships
1	--	A$85,458As of Fiscal Year 2018

Column 1

0

Board Members Memberships*2015-PresentNon-Executive ChairmanBowen Coking Coal Limited2016-PresentNon-Executive DirectorEuropean Cobalt Limited2017-PresentNon-Executive DirectorAxxis Technology Group Ltd2017-PresentNon-Executive DirectorDrake Resources Limited2017-PresentChairmanSix Sigma Metals Limited2017-PresentNon-Executive ChairmanEastern Iron Limited2018-PresentDirectorPure Minerals Limited2018-PresentNon-Executive DirectorSultan Resources Limited

Take your own conclusions but i have a real bad feeling about this, if we got a fresh director which is willing to prove, energetic motivated and committed and not messed up in so many other boards and companies i would be convident but this one is certainly not