The fact that management have steered the ship since the...

The fact that management have steered the ship since the beginning is not enough reason to keep them, in my opinion, chiefly for the following reasons.

- Communication has been poor for years. It is not unusual for things to go wrong, but it is during these times that communication is most important.

- The SHIP has not progressed. Management should at least be doing low cost activities that help move development along.

- The studies are not done. Most investors will want to see the feasibility study results, but FAS has nothing of substance for SHIP, they have never adequately addressed fundamental aspects.