John Lamb's strategy seems to be - spending his way out of his...

John Lamb's strategy seems to be - spending his way out of his problems.

He is constantly mentioning the importance of bringing Avebury up to nameplate in order to achieve economies of scale. To this end, he has furiously shoveled tens of millions into more and more new equipment and personnel in a very short period of time.

He burned through all the shareholders money, and all the Hartree loans, in just six months. It's incredible really. When all the money was drying up, he was even trying to pay suppliers in cheap shares an attempt to keep expanding.

I guess my point is, even if the remainder of shareholder money is collected from Myanmar, or the Tas Gov returns the collection bond, John Lamb will probably burn through that money in no time.