Ann: Project Update, page-28

Shackleton raised and spent at least $55M on this project. Big questions need to asked. The company can harp on about the fallout resulting from peer companies collapsing, what about accepting APC are now part of the problem?
Such a great project (?) and less than a million bucks from used donga's to show for it? Where was the plan B? No obvious plan to build a demo. No alternative to the problematic US flowsheet.

What goes around will not be coming around like this. I'm not celebrating anyone's misfortune. I just wish these failed companies hadn't jumped on the bandwagon in the first place.