I agree they don't want to burn the cash, but they are...

I agree they don't want to burn the cash, but they are incentivised currently to drag it out

The longer the share price continues to fall, and while Bushveld management are being paid $200k/qtr in admin, there is no rush for them as 54%+ holders

If you think for the $100k that isn't covered by interest that we incur each quarter, the SP only has to drop less than .1c for it to be worth it for Bushveld. Now if they drag it out for say 6-12 months and burn $400k but the market cap drops by 2-3c, then they have effectively reduced any T/O price by $M's

Hence why management should be accountable and prove they are reviewing projects, have engaged research and regular updates on IPP

There are only so many idiots that will sell cheap, the rest of us want performance or a 100%+ T/O and do as you please