Ann: Jervois issues US$5.1M Tranche 2 Convertible Notes, page-3

I don't disagree with this financial analysis, but how can anyone trust the CEO/board/management after the debacle of the last year? Not just debacle actually - they made statement and released announcements which weren't entirely accurate (e.g. the ICO mine will be online soon - then 11 days later they shut it down, and the huge cap raise being used to fund Brazil when in fact it was mainly used for ICO). Perhaps in the end it's all about the cobalt price, but once trust is lost it's hard to get back...hence the share price...