After having real doubts about the management competency and zeal I feel a bit better after time to reflect. There was what I believe was a real clumsy attempt to blame the mine startup date being delayed by 3 to 6 months because an earthmoving contractor went broke.
If the funding is being delayed then it may be a good thing that the earthworks gets delayed anyway. It means no matter what happens that the company will still have enough funds to see it through until the main funding package is arranged.
Not a perfect solution but better than having to do a capital raising in the interim. But that still means they have to pull their fingers out and start getting back on track. They are after all not being paid peanuts.
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