Why does the BOD keep LBSR alive?

They are not getting paid, their options expire as worthless, they have been loaning money to the company from their own pockets, they must be as frustrated as us other shareholders in not having a partner to this point, and of late they have been borrowing more money than appears to be required to cover reduced operating costs.   Why?

The only answer I can come up with is that they know something that we don't.  Can there be any other answer?