quarterly, page-22

Cost of production greater than receipts from sales.
Cash reserves down to a few weeks after this quarter.
No way of servicing a huge debt.
Production at about 12% of name plate production with next to no progress in rectifying the state of affairs.
REO prices depressed and no relief in sight.
REO prices controlled by China. Wouldn't it be nice if they gave us a break? Ask your self why they would let any opposition come up for air?

Phase 2 delayed until market conditions improve? Read: Why should we produce any more when we lose money on every Kg we produce? More production means more losses.

This is a single commodity company. All the eggs are in one basket. That basket has been dropped and it is about to hit the ground with smashing results.

The only reason the price kicked from 27c to 28.5c today was the shorters buying back. They are probably having a great time at the pub right now, laughing at the LYC believers.

Surely you gotta give up now.
Don't even wait around to crucify Curtis et al.