Well is it fair enough or what mate?
The guy is on a mammoth salary and hasn't delivered the knock out blow re finance for basically four years now. And remember, it is most likely the cheapest start up lithium project on the planet.
And when they chew through this cash very soon without finance ( which they most likely will), then there won't be many choices left.
Not even sure a consolidation at 0.02c will attract any kind of lender now to be honest. Only filling cracks. Any lender half worth their salt will be running a fine tooth comb over the books and cash burn over the last few years and it isn't pretty.
So things are pretty serious mate.
Yes it is a spec stock, but the issue is does this guy deserve the monster wage he is on or is it time for structural change?
He can't even deliver an interview in basically a year.
Perhaps the horse has bolted already.
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