RE: Shareholder action14 Jul 2018 11:57
W2002, again I am afraid you have not understood the point I was trying to make, the analogy used was to illustrate a point of business management, yes they didn't give timescales but there was an implication that as time went on they intrinsic value of the business would increase and therefore share price would increase and further fundraising if required would be increasingly done higher than previous. It is true there were and are no parameters set to which the board could be held, it is almost like asking how long is a piece of string. What i am arguing for is we perhaps need to provide some substance the length of this string. To use my analogy again just because we instructed a project manager to deliver a building and for various reasons he/she has not been able to deliver and each year we are having to re-mortgage at higher rates, perhaps we need to go back to the project manager and say this is creating a bigger a and bigger risk, could please just build one part of the building which we can sell or let out to cover the costs until the rest of the building is complete, and whilst your at it could put half of your fees towards the construction project and you could recoup the when the building is complete.