What is undeniable (because it is clearly printed in the company's own audited financial papers) is Simon Noon has raised almost SIXTY MILLION dollars since this 'project' got started. And after all these many years (more than a decade so far!) has has turned that sum into just $20M of shareholder value. This project, under Simon Noon's leadership, has been a MASSIVE cash burn. This simple fact cannot be refuted.
Acuity capital., page-26
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