RE:p.s.Have you ever taken time to talk to the management team? Wrote some email?
personnally I have.
I invest first in people. Trust must be present.
Companies face adversity. Good management clears those hurdles.
This management teams took a company which was near bankrupty. They did a private placement, found a strategic partner. The cleaned their balance sheet. They are working on more deals. They now have money in the bank with a low burn rate. They believe in the project. They almost didn't sell any stock. (insider selling).
Yet, all you do is cry about the fact drilling is not started yet for reason you don't know.
I say: Write or talk to them. If not, stop crying and go pollute some other board