As you say, I am certain that they will never build a mine. What's more, and of greater concern to me, is that their actions so far point to zero intent to build a mine.
My greatest point of confusion though is this...
Why are the instos, and big retail holders, still supporting management? Especially, after RH deliberately lost them their only chance to obtain a mining permit from this govt, which crushed their investment?
Can you shed any light on this? Do they enjoy losing money, and seeing their only asset stranded and lost in a ban for years, and years...and years? Why haven't they replaced this management yet, with a team of mining professionals, folks with the right skill set, track record, and passion?
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