So, are they? And if so, doesn't the company have an obligation...

So, are they? And if so, doesn't the company have an obligation to inform ALL of its shareholders equally? Significant news must be publicly announced, not whispered to top shareholders only.

The problem from my experience is I can not trust in what the company says. Last year they told us the facility was up and running by the end of 2010. Later this was postponed to early 2011 and then to summer. And today, another 8 months later, the facility is still sitting there, doing nothing. And even worse, we are out of money, probably have to sell big chunks of the company to creditors. Great. Who is in charge of financial planning at ATC/Hazelwood? I mean it's been clear that we do need feedstock to start up production so why haven't the funds been obtained on time?

Didn't we have a rights issue to finance construction of the facility and bring it into production? How on earth could we ever run out of money while the facility was actually built several millions UNDER BUDGET??? Something just doesn't add up and the company never explained to us what exactly has gong wrong. Money can't disappear just like that, can it?