They're bleeding cash with little to show for the expenditure,...

They're bleeding cash with little to show for the expenditure, share price is on the floor, they're rattling the tin at all time lows & they have a a Convertible Note tightening around their neck and Peter Rohner's off presenting in Singapore? If you can't sell it here you won't sell it there. The Note distinctly differentiates/diverges the interests of shareholders from Collins Street & Vas Piperoglu. What's good for them isn't necessarily good for the balance of the Register (us). The company is being run for the ultimate benefit of the Noteholders. I can't see how shareholders can now come back from this unless the Newcrest farm-in delivers. One of the worst examples of management ineptitude destroying what could/should have been a success story in a supportive precious metals environment we haven't seen in decades & if it continues perhaps in a lifetime, yet here we are.