I don't think they can approve a drill program without having...

I don't think they can approve a drill program without having the funding to execute it, which is why the hold up. I bet Adam is chomping at the bit to test out his new modelling.
It's fairly obvious that the board has always been concerned about capital preservation and keeping the shares on issue to a minimum, whereas I'm sure Adam wants to have multiple drill rigs going, testing multiple targets at once.
Now they are here, they need capital very soon and the conditions to raise capital are really quite terrible. All we can do is wait.
Unless one of us has a few million bucks to give the company?