Agree about that short time when the board seemed to be blindsided and like a possum in headlights...
The why, is what I have always tried to understand. And I think it likely that money was disappearing from FFX accounts in Mali, in an unauthorized way...
My reasoning about how the board have handled things since is that they wanted to keep Mali Govt. on side because of our involvement in Goulamina - We gave birth to the project and developed it to the point of setting up a new company - LLL, to manage and develop it further.
My conjecture is that, had we just had Morilla, we could have exposed the fraud that was likely going on...
This is entirely my Opinion
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