Brothers in arms
Well, I remember posting last year, before november, that it is a very reasonable expectation that a partner deal be announced hard on the heels of the permit.
CRE led us to believe it would be done in the first quarter 2023. That was too slow, there is no reason that a deal couldn't be 90% done in Nov. ready to execute when the permit lands. And yet thmbs remain lodged in bums.
And now . . . after another big missed deadline we are tanking in the share price. Not a hint of any financing or partnership coming, and we are facing the possibility of losing another year if the cash doesn;t come in time to do some things on site before the winter.
The board needs to have a change of leadership at the AGM. The board then needs to fire the CEO. I have very low confidence that either of these things will happen.
So, we can sell at a loss or we can wait and continue to gamble. This is a terrible position to be in, for the long shareholders and this company has put us here.