Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-607

Positive indeed Chuck - as well as some of the negative aspects of that last capital raise it should not be discounted how encouraging it is when those inside the tent are willing to support and risk their own capital. They are in the best position to weigh up risk Vs return and the chances of all the loose ends coming together to bring the projects to fully functioning cash flow generators. However they can get it wrong as there are no guarantees and therein lies the task for all existing shareholders. Do they trust the judgement and abilities of the board and management to execute. Skin in the game for the board and management but if they want continued support from shareholders they need to be effective as possible in communicating otherwise this trust will be difficult to maintain given the missed timelines over the last 12 months.
dyor and good luck to all holders.