My thoughts. Comment and feedback welcome.
Openness:
I asked for an update to the overall strategy some months once HF delay was announced and the shareprice reached 10% of its opening value. While I don't expect it written as a post (though this act of transparency would be highly welcome), atleast an email or PM to the known shareholders on how we are travelling isn't a big ask and is long overdue.
I think Icedrill have a long way to go to improve here and really should be more on the ball with the communications around the venture and its overall progress (actuals) versus the original plan (estimates) incl things like the budget spendings to date, upcoming expenditure, etc
Adaption:
I sense we are locked into legally bound buying agreement using HF products given a proportion of the shares are tied to HF interests and backers. If so, then our destiny is already set in stone and we can only hope HF (and Icedrill) come good sooner rather than later.
Legalities:
The situation around GLBSE, Bitfunder, WeeX hasn't helped anyone. Going it alone on the share management side atleast avoids that situation arising again.
Governance:
If an open, transparent communicate plan with the wider public is not currently possible (for whatever reason - NDA?), I think at a very minimum a smaller shareholders advisory group should be formed to be advised and informed of progress, provide a forum for investor representation, plus allow the views and perspectives of the shareholder group in key decision making and planning moving forward. It is long overdue the shareholders should be proactively informed and trusted with the direction of the venture, and that level trust goes both ways. It would certainly put a lot of shareholders minds at ease to know the operation is being managed and in good control.
I would certainly welcome Will's and DeadTerra's input to the current discussion and trust it will be forthcoming.