does wayne really intend to begin mining

The recent market reaction to the companies delay in production is to be expected.

The company cant expect the shares not to get dumped when they promise ( or at least infer ) more then don't deliver.

The 2 big questions that remain are:

1/ does Wayne really intend to operate the primary crusher to mine and sell native copper. He has left everyone believing he is going to do something - if he doesn't we should expect the shares to get dumped again

2/ does he have the cash to finish the project and get up and running. Having disappointed the market he may find it very hard to raise money at any sort of decent prices.

No point in blaming stock manipulators- first and foremost the company needs to come completely clean with shareholders, then meet or beat the expectations it sets.