Ann: Steelpoortdrift and Tweefontein Projects Update, page-26

Agree 100% with all your comments.
It hurts to have cash disappearing as share price declines but that is the nature of shares and we all know the risk/reward profile when investing/betting.
You have to be patient and not need the money and if you don't meet this criteria you probably should be just going to the track instead.
Latest announcement confirmed that the project is being worked through as you would expect. There are a lot of moving parts in getting mines up and running and Management have been doing good work to date.
If the pattern continues holders will be rewarded in time.