Ann: Valence Industries 2015 Annual Financial Report, page-16

The way forward is clear, the issue is whether they will ultimately deliver the vision in a timely manner and this is where management have regularly fallen short to the frustration of myself and many other investors. More so as they don't come cross as being useless like most other resource companies. At this point one has to have confidence that they will still deliver finance and production to this new timeframe, without completely destroying the capital structure along the way, otherwise one must consider salvaging their investment.