IMO spinc, we were all deceived re: that "imminent" off-take deal. BC has a history of making big promises just around CR time that just don't come to fruition. Now it's the YPM, even though AEV has no $$$$ and no clear evidence of how it's going to get any.
And re: that Imminent off-take deal no explanation has ever been given by BC as to what happened. Also, that imminent off-take deal was about to happen a year before the bum dropped out of the rock price.
I think BC needs to go. A deal of any sort is obviously beyond him and this current debacle re: the company's financial position is just another example of his and his Boards overall lackadaisical approach.
Ann: Extension of Voluntary Suspension, page-126
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