The address is a surprisingly candid assessment of the current situation. The falling share price is obviously causing concern and it would seem the delays for Andash are causing management just as much angst (or more) than it is the rest of us.
Frankly, the tone of the announcement as it concerned Andash was not overly hopeful. Having read the document, I will not be expecting anything positive for quite some time.
Did anyone else get the feeling the approvals may not eventuate?
agm, page-3
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