I'm sure many others are feeling the pressure at these share prices and it's reassuring to get some confirmation that things are moving forward and only in a poor state... not terrible.
It sounds like a lot of work outstanding to get finished was never going to get done in time and perhaps the board used some bloke as a scape goat to cover ongoing delays. Sounds like a repeat of the " NT power has let us down and caused delay" excuse earlier in the year when in fact nothing else was on schedule either.
Still a lot of water to go under the bridge before market gets confidence back and SP moves above $4 I think.
Good luck
CMR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held