From the money narrative reply to most questions...[Keep in mind the CO is the source of news] as far as they are concerned, same for shareholders/investors... like everyone else they lack audited numbers to analyse anything properly.
The money narrative doesn't have a brain reader connected to those of the Reliq management, they develop their opinions/replies upon whatever the CO fed them through their NR and IR.
They don't have any particular reasons to either trust them or reject them as pure [ whatever]
which is the way they should operate for their analysises... rather than act as judge an jury to be later
challenged or face some backlash from inquirers.