Hi Francis 

With all going on with NUR over last 2 years or more it is way past due for a cost cutting and restructuring if th ecompany intents to make profits ever in the future. Having 500K monthly burnrate for a company of 9M mcap is way too much. if the intent is to keep dissolving 50% of company every year it won't be viable for long. 

- NUR had grown in expenses way too fast than it required, with every single deadlines and targets missed over past years it is very importatnt to re-evaluate strategy.

- Don't belive EIB will be the answer for all those cash burned over last year with more than 25M to be spend on just keeping the company running - when actual MCAP of NUR is one third of that.

- By not having high hopes companies debt grwoth should be reduced as now it stands short term debt twice the value of company.

- Having EIB loan is not going to solve these debts as those needs to be spent on building towers in DRC rather than parent company debts.

- Is there any clear vision or path (not like hopes) for paying off short term debts without issuing another 20-25M shares?

Thanks