while the current situation is painful for everyone, given the limited funds and the imperative for financing for production plus the assembly of a team who will be instrumental in completing the task I think it is more likely they are flat out working toward the goal hopefully in time for shareholder approval in the September quarter as we move toward production. This has been a scenario repeated again and again with startups , the fear of failure the thin margins and the race against time. Its also a highlight of good management and as painful as it might be sitting not knowing I doubt there is vey much the team can tell us at this point, hopefully due diligence for a loan fascility is drawing closer . If we look across the sector its hard to find any shining stars all emerging producers are down around 90% some substantially more off their highs. I like looking at SYA and LKE as well as CXO and somehow that reassures me
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