I think your on the money fish, with the production numbers.
We cant change what has gone before us,that said if only the new MD was there at the get-go,lots of wasted money for mine.
Pretty sure the bagging system was new,yet its undersized,go figure.
I'm mindful of an old saying,"ya gunna make mistakes anyway,better to make them with enthusiasm,than procrastinate on them ."
Its an interesting situation,the outstanding options if, fully converted @ .25 cents,would give the company circa $20 million,unless my calculator is wrong.
Raider
VXL Price at posting:
17.0¢ Sentiment: None Disclosure: Held