qtrly, page-29

The company must cut costs (sack some staff), shake up the board and focus on developing one project at a scale that is economically possible.

That's the disappointing thing for me. Originally that's exactly what they were going to do. Develop on a smaller scale, get some funds at least flowing, and use that to build for the future. All got lost somewhere, and the massive cash balance on hand has quickly disappeared. Great opportunity lost in my opinion. Will be interesting to see what happens from here. Verte funding looks like history to me based on the tone.