I agree. The Management knew full well what the short effect on the SP would be by (a) the PEA delay and (b) the update blackout.

As many have said, the PEA will tell all. If for example, it shows price at the same $8,500 and costs at or around the $2,000 mark one could argue the delay provided no benefit as this information would have largely been known in June. For the moment, I trust that the delay will result in better financial numbers being shown.

The additions in the last year to the managemnet team are highly respected elite talent. We have to believe they have discussed all strategic alternatives and feel the current course is the best one.