re: Ann: Quarterly Activities Report, Appendi... "While...

re: Ann: Quarterly Activities Report, Appendi... "While discussions are underway with potential investors, work on site has been reduced until it becomes clearer that a joint venture will eventuate or the company will continue to sole fund the project; "

We must really be on the cusp of an ann regarding a cornerstone investor.
Why else would management take the important decision to slow the adit development?
Macquarie???????? ( lenders to Panterra and Beadell)

And in any event, why slow the adit?

23.