I thought the presentation, while clearly repetitive in some cases, was helpful overall. They needed to say something about what is happening and what may happen and I thought that his remarks were plausible. He knows what's being said on the board and actually spoke to that, albeit indirectly, when he talked about his lack of predictive capabilities and the slow pace of progress. I'm also looking forward to what he has to say on financing in the new year.
I'm 3.5 years into a 5 year hold so there's another 18 months to see if this was a success or failure, and nobody can say that yet with any degree of certainty. Personally I'm optimistic but that's me. I can't live in a world of constant negativity and despair. Besides, there is no way I'll sell into a realized loss situation so I'll just wait and see what happens. Nothing else to do.
In the meantime, Merry Christmas!