I think the slowness in action is caused by the major...

I think the slowness in action is caused by the major shareholder.

Some might say (but I would never) that the major shareholder may be peeved by the fact that the shareholders of GBG have thumbed their noses at them by not guaranteeing the debt for KML.

This may be a way of getting back at the GBG shareholders.

Or it could be that the major shareholder is risk adverse after the KML debacle that they are scared to make an meaningful decisions for fear of repeating the KML mistake.

Head office in the Middle Kingdom may be punishing the management (and us as shareholders) for all the mistakes.

Somehow the other directors have to get this thing up in 2 years.