Gotta say these new changes were long overdue. I think this new beginning is exactly what this company needed to move forward.
I think we should build this pilot plant, possibly in new location, get it generating income for 6 to 12 months as they said before a commercial plant is built.
With that income they should imo implement a share buy back scheme to start re absorbing some of the issued shares and raising share price at the same time then it will be ripe for a commercial plant to be constructed which will provide an even bigger income that can again be used for share buy backs, increased salaries and investing in further commercial plants being built.
That’s what I’d do, it’s a win for management (increase in salaries with completion of commercial plant and income) and a win for shareholders (adds value to the company and share price increases through share buy back scheme and income from commercial/pilot plant)