Here's mud in your eye!

Are they planning to ditch Blue Mud?

"Project Review
During the March 2015 quarter, Management and the Board have reviewed a number of
projects both onshore and offshore. These potential project opportunities covered a
variety of minerals.
NTM has signed Confidentiality Agreements with two companies to enable further
review of data and due diligence to occur.
The Company is reviewing its funding arrangements and capital raising initiatives whilst​

actively pursuing new opportunities and projects."

Why can't they get agreement on Blue Mud?

Directors incompetence?

Seems so !