LMB recent Announcements, page-11

I am a long term holder and to date a strong supporter of managements strategy but I have to say Friday's news is an absolute debacle on top of the stock being down 50% from its highs. Management need to come totally clean to shareholders with exactly what is going on. Time to update on the status of McIntosh, what approvals are they waiting on, how will they raise the required capex, when will the mine be operational? Same goes for the Korean assets. Management credibility is rightly under intense scrutiny which is probably being diplomatic. Management need to deliver more than ever.