If you are an owner of a business and an employee keeps...

If you are an owner of a business and an employee keeps promising to do something crucial you asked them to do, how long would you give them before you sacked them?

I don't see it being any different here. YOU guys are the owners. Les & Dean work for you, yet Les & Dean are stringing you along with bullshit & lies thinking they own the ship. Are they really good employees to have?

The upside potential is enormous of course, but what about the downside potential? They are hugely cash flow negative right now. Construction of the mine will take several years, assuming they can get a DFS released and NFC signed. They will be raising a lot of cash between now and then. If they fail to raise cash to pay their salaries and the ever increasing cash flow requirements, they are done. So you could also lose all your money.

There are other quality businesses out there trading under a book value of 1.5x that are earning positive with limited downside. They may not go up 1000% overnight, but slow and steady wins the race in this game IMO.