Ann: Research Report , page-22

Cyw

"I have a suspicion that management knew all along how much money and how long it would take to build this plant but they won't tell because if they did, they would have scared off the investors. It is only a small demonstration plant and they know every bit of it better than the back of their hands. They simply cannot be off the chart by that much."

I have to agree with the above statement. I will also say that I do believe MT and the board to be straight, all things considered. I have lost real money on real corporate crooks( as have many of us here) and yet I can make the previous statement without hesitation. Perhaps that is just a sign of my stupidity or perhaps not, we will see. Most scammers don't spend 26 years working the scam and still manage to hoodwink BHP and Kronos.
I have sometimes wondered if MT's real function is "shareholder perception adjustment" as if we all had known that it would take so long the company would no longer exist.Perhaps we shareholders are the ones who don't understand how slow things can be in the corporate world where no one has to rush into anything.

cheers