TShirt, after having let off some steam (and a subsequent...

TShirt, after having let off some steam (and a subsequent conversation with SB) you're post is pretty much right on the money. Without going into too much detail, the estimated forward expenditure in the QR has ended up being more than anticipated given the high cost and complexities of testing procedures currently being carried out, so CR now and continue on towards reserve certification mid-late April (missing the OA's by a whisker) or alternatively......well, there really is no other alternative. Not ideal but it is what it is. Sentiment and share price will cop a hiding no doubt in the short term and SB has his work cut out bringing investors back onboard this time......as kip pointed out though, the long term picture remains bright (however, so do the "trust issues" now). Reserve certification should help lift interest in a couple of months (and an incentive for soph's to cash in.....again) followed by options money flowing in from extended OA's and possibly even some OB's should we trade high enough above 14c, which is quite possible given the level of interested parties on the sidelines purely awaiting reserves. Shouldn't be as long and painfull this time round, so not gonna throw the baby out with the bath water just yet. Don't get me wrong, still incredibly peeved, probably more due to yet another "accounting oversight" when our MD's background/education is, well, an accountant right?