No wonder they raised money recently before investors found out how far behind they are
So they need to:
- construct ponds
- fill ponds
- test evaporation conditions under daily and seasonal conditions!!! That’s minimum 12 months or all four seasons
- on going re-design and rebuilding ponds to find optimal pond design with minimal leakage
- deal with delays associated with the above
Seriously! It’s a least two years of work if they do it properly. Maybe that’s why the chairman is leaving while the share price is nice and high??? It never made sense for him to leave this close to a DFS unless he think it’s years away or believes the results aren’t worth putting on his resume. However, he could just be moving onto better things as people do
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