To CR before releasing the VTEM results is an issue to me as...

To CR before releasing the VTEM results is an issue to me as well. They would have a good idea of the results already. So worst case, its a flop and they need to raise to stay afloat. Best case, it is a good result and they are raising to fund a drilling program, but I cannot see why you would raise now if it the results are good, better to get the SP up and raise at a higher price.

Releasing another investor presentation that has not been updated from the last one is poor form on management.

Nothing to do but wait now and hope that the new people coming on board bring some much needed direction.