And another thing!! The Company intends to use 55% of the net proceeds from the Offering, whether fully subscribed or not, to fund further development of its wholly owned Piskanja boron project in Serbia and 45% of the net proceeds from the Offering for general working capital purposes (consisting of payroll 28%, suppliers 11% and contractors 61%).
I'd be real curious to see a breakdown of all the work they did on Piskanja this last year from all the PP money they raised. I'm assuming people thought their hard earned money would be going to completion of the Elaborate and whatnot. It sounds like they did all that retesting but that was not expensive to do. I recall seeing the cost on ine of Tim's slide in a video interview in Feb/March.
Here's my question. Why the h*ll wouldn't you work at it? It can't be that hard. What hs changed now, the people flipping the bill? I'm sure you could have made arrangements for them to pay retrogressively, and there will be plenty more expenses to be incurred. Basically just a year down the sh*tter. Nice work. Not!!