What went wrong with GSR, page-42

This is what I see happening.

(1) Mt Thirsty scoping study gets a positive NPV with a huge capx.
(2) Burbanks phase 2 drill has finished with some results pending.
(3) Phase 3 exploration still to happen requiring money. This mob of directors may issue shares to raise money for that.
(4) At the Annual General Meeting the Renumeration Report is voted against giving the directors a "first strike".
(5) At the Annual General Meeting the 10% capital issue will be voted against.
(6) Maybe the Director Croser get voted out.

After that I don't know.