I wonder if historical finacial records could have been used to forecast the poor fiscal predicament HDY has found itself in as mentioned by the BOD in the past ???
At least this way the intuitive BOD could mitigate the relentless cash burn going towards corporate and administrative costs from using historical data available.
I'm assuming this prudent management would've cancelled the proposed 550k in expenditure allocated for exploration and evaluation in the last quarterly so they hadn't run out of cash to pay for the company Christmas break up party.