Day by day, with each new move by the board the interests of the...

Day by day, with each new move by the board the interests of the original stakeholders, and the original shareholders are ever negated. When they bought their shares, or the contractors converted their monies owed to them they were under the impression they were paying for the Gekko processing plant to process 100 percent of Kat Gap ore . But that's changed now as the company will only get 30 percent of any (possible) profits if there are any.
So the boards and company might get 10 million and be able to pay family members for work done, but how do shareholders figure in all of this? Any shareholder who has pre-consolidation shares. can see the disastrous effect - board and management decisions have had on them reflected in the present value of their shares.
For the future, it is strongly indicated by the previous moves by the board and management that future moves will continue to negate pre-consolidation shareholder interests and improve the position of the company and any new stakeholders/shareholders they can attract. In other words, they will 'burn' the shareholder value of previous holders.