That’s an easy (albeit uncomfortable) one to answer: We don’t...

That’s an easy (albeit uncomfortable) one to answer:

We don’t have a mine because no one wants to pay for it.

That includes the endless Asian steel mills and commodity traders who have (apparently) been clawing their eyes out to get their hands GHN product. It also includes existing shareholders, that have already paid it a few times over before.

Turns out, when the actual amount of cash required to develop GHN is somewhere in the region of 10x more than it was ever professed to be, and you’ve already flushed your reputation down the toilet, it’s not easy to convince people to give you any (especially a lot) of money to build the thing. I suppose they suspect you might waste it (again).