Ok, I'm bored.
Theory 43:
The PFS was never completed because it was seen as a waste of time and resources. The reason being that the current negotiations are not a stock standard OTA. It's something bigger, more complex and the outcome of it will change the scope of the PFS, so why bother?
We're coming to the final stages of closing that deal, but in the meantime the holders are getting agitated and starting to look like they are about to raid the office, so we'd better cobble 9 pages together to keep them at bay.
If we could just keep them off our a$$ just a little bit longer...
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