Ann: Appointment of Independent Non-Executive Director, page-6

Going by the fact the Company is looking to defer initial capital requirements by restarting the existing concentrator (which is set up for processing the MSV ore) and presumably waiting until it has a revenue stream from that before building the 4-6mt concentrator to process the DSS ore, my guess is the only deals Plakidis was able to attract were going to result in much more dilution, either of the project or worse, the Company itself, than by going the route the it is now pursuing. BSX is fully capable of financing its capital requirements from revenue once it gets the existing plant operational. You can't blame capital for trying though. Now we are following this path we will be in a stronger negotiating position with any who still genuinely want to invest in getting the new, larger concentrator up and running ASAP as well. We have means, we're not beggars.

In my opinion this should have been the priority from the start