Ann: Trading Halt, page-20

Yep, it is clear they have no idea or plan on how to do things. The only possible thought I have is they believed the SP would go up on the drilling rather than down, then they could do a CR at a higher price. What probably happened is reality though is:

mmm, we're a bit stuck with the OHD thing, let's focus on Turesi...
Oh bugger, Turesi isn't looking as good as what we lied/led everyone to believe...
Better go and look back into that OHD thing...
What? The trials didn't even have the right liquer? Oh no....
Maybe we can build our own trial plant then. You know, the one we've been advertising for a couple of years we are going to build. Yey, let's do that...
Ah, but we don't have any money for it...
That's alright, look - I always keep a spare CR in my back pocket...
Now, how do we upgrade that couch of ours...

Sack the lot of them. My 9 year old could run the company better than them.