Its called self reflection and BoD have not either done it or...

Its called self reflection and BoD have not either done it or unwilling to acknowledge in a public means.

With the fiascos of some capital raising on market/off market (all within the rules I acknowledge that), minimal transparency to market when cash was running on vapor, board membership residence issues - questions do get raised on fiscal management are raised. It is all about sentiment with the retail investor. They just need to man up and acknowledge the short comings on why they did not look at parking some projects, but if the mind set is to continue to tap into CR dollars, the spiral is down & unsustainable against the current finances.

That letter shows me they are still in denial when they "don't have the answers..." But give credit, first time they have acknowledged the Russian situation and the Bork deal in reality is cactus - one would be fair to take that line of thought.

Revenue is king, its yet to see it materialise.