The issue is they made a market sensitive announcement about slowing down the BFS and left it open ended.
Should have said "due to current economic issues we are deferring the dfs until x date"
They essentially said we have no idea and so market craps itself. exactly the same thing ADN did. Buyers lined up, financing no problem and then Bam, same announcement as here.
I'm a CEO and for the life of me I cant understand how they cannot have a clue on a date. They could have said deferred to February for review again.
They have destroyed market confidence in the project and management of the company but basically saying we have no idea.
90% drop in SP and not a word either from management.
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