Hi rolly777, a sinking ship would be EGR being unfunded and having no site for its proposed BAM facility. That's certainly not the case. Many shareholders are just peeved at the continuous missed timelines and poor communication. Shareholders would be more forgiving if management and the board were controlling the things that they can.
Replacing Pett and Conidi with more competent and motivated directors would go a long way in resolving some of these issues. It won't be long and we'll have the necessary 5% to shake things up and see if there is sufficient support calling for change. Ideally, change would occur voluntarily, but we're not going to count on it.
When?, page-133
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