Tet occurs every year so that's irrelevant. The real issue is management's approach in communicating proposed milestones to shareholders and their subsequent inability to meet those proposed milestones. I think the only time an actual 'deadline' was met by management was when they successfully turned up for the AGM last year. Someone correct me if I'm wrong.....??
Whether this is a symptom of management's over enthusiansm to prove to the market that things are moving I don't know but it's unprofessional, it's not the right way to communicate to shareholders and it fosters SP volatility.
And as we all know time is money so all I hope is that no further fund raising initiatives are required.
Cheers,
tet...delays, page-10
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