Let's wait for the SS to be completed. Can't believe he is...

Let's wait for the SS to be completed. Can't believe he is talking about 50:50 profit share and cant even complete a 'small' scoping study. Put a value on the project that shareholders can see and then start selling the potential to shareholders.
All of a sudden and out of the blue comes a 50:50 deal when the SS has been put in the too hard basket. I repeatedly asked him about the SS and his answers were not acceptable.
It's a small project, low CAPEX and it's been 16 months since the SS started. Something is wrong and I just dont buy his BS.