I wonder if it's the directors lowballing the shareprice in an attempt to get shares at 50% discount to cash backing. If that turns out to be the case, I would think their time would be better spent replying to shareholder emails, or delivering a viable project to the company instead of endless cash burn.
Shareholders should be asking them why they 'have been looking at projects' for over a year, yet achieved nothing.
WTN Price at posting:
4.2¢ Sentiment: LT Sell Disclosure: Held