I’d suggest giving them a call yourself as only you can really gauge that in relation to your investment profile.
I’ve spoken to the company previously and my understanding is there is progress, it is just slower than everyone was expecting. That said, you have to take managements word with a grain of salt until there are runs on the board.
An update on Klamath and associated revenue would be a good start.
Ann: Half Year Review of Operations and Update, page-72
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