Respectfully, I think that sentiment is a little harsh. Being disappointed does not necessarily imply that s/h are disappointed in the progress. Personally, I think the presentation could have been a little more upbeat and enthusiastic without disclosing or saying something that regulators would see as 'offside'.
I think this presentation was actually targeting the market makers, analysts etc but regrettably, I think most of the ears were shareholders hoping for some nuggets that would catapult the SP to levels well beyond the strike price of impending warrants. Not so sure that will happen until the 'floodgates' really open. At the moment there is a crack in the dyke, so to speak