@Jarama - please explain to all of us here (the ones who are not respectful or ca't be trusted) why this report is so vacuous of the relevant data which has been constantly requested from the long and short term shareholder base. I am in agreement with other post's here that this report is grossly inadequate (and that is the nicest terminology I can use here). If it were an example of a school homework assignment or a university submission it would be given an abject failure. The fact that it was presented to the market after market close on a Friday afternoon also smells and feel really bad.
As you have such a great relationship with the BOD's and an open line to their ears, you may wish to request /suggest they provide some more details to the market to support this last very inadequate announcement. As has been repeatedly stated - outside of non-delivery of results and execution, this business's communication has been to date woeful and the repecussions of this are obvious. If they are serious about changing this perception they should address this immediately with supplementary supporting material early next week. If not - one can easilly deduce or assume that;
1. they are either deliberatly driving the SP down by withholding information
2. they are so incompetent that they genuinely and/or dellusionally believe that what they just published was "adequate" and would somehow provide S/H's enough information to make an accurate and informed assessment of the status of the project and hence the true value of their respective holdings
3. we should all be running for the hills
What we have been presented here after such a vacuum of real data is pathetic and would get a big fat "F" by any impartial and independent examiner. Jarama - to use your own words, this latest effort has done nothing to engender "trust" and is highly "dis-respectful".......................
(20min delay)