One thing that is perhaps worth mentioning. The directors have...

One thing that is perhaps worth mentioning.

The directors have nothing to gain by seeing their company fail. All the equity and performance rights are held in escrow for another 12 months (that's 2 years from the primary listing)

Why would the board want the company to fail when they stand to make a fortune if the company succeeds and their performance rights vest?

The figures are ambitious yes, but the wording in the statements doesn't say they guarantee to achieve it - "up to" "potential too" "pending completion"

Have they made some mistakes - perhaps. But it's a start up, high risk high return. Time will tell.