when do they know? seriously?, page-58

Hi Westcott

Yes whislt everyone says the baord should go out and get us funding from debt sources etc...we all realise that even given the high quality of our board...you cant get blood out of a stone... It applies here..they cant work miracles

What happened to all these sposed partners??

Maybe they were Chinese based...Maybe is was Hanlong

we dont and wont know who they are as its confidential

Maybe they decided that a t/o was a far easier, cheaper and more effective OPtion so dropped a JV for a full t/o

I dont for one sec believe the board would have railroaded a quality JV if we had one on offer... I do think confidential discussions were had with a few partners...I do also think that the numbers really never stacked up and it was always a difficult ask to secure a JV.

inital JV discussions appear to be confidential and incomplete leading to no forward movement.

Cheers