Ann: Haggan Vanadium Project Update, page-182

Fundamentally, as far as we can see,things are moving forward with Tiris and Haggan
And yet the SP plummets.
The B.Morgan and Co team are still offloading shares I suspect,plus a few technical traders who look at resistances etc.
Who knows what pressure they are under? Its just bad for the company at this critical time.
The company is between a rock and a hard place.
Issue more equity,if it can be done,will be at a further discount and dilutive.
We are dependent on Sov. funds
What can be done:
Peters pay.It's too high and draining the company.It should be more incentive based.
Sell project equity to a big brother in 1 project.Either project can be a company marker, either project can bleed a company dry before it gets legs of its own.
The board needs new blood in allowing this situation to run this far and bring the company into a survival scenario- not because the projects are not good ( they are excellent) but allowing the company to struggle on in the worse microcap environment for decades without battening down the hatches.
I am holding,but hope is not a good strategy.There are things that the company can do.
Did any of the board contribute to the last cash raise?