This is the most well constructed, self-assured, and positive sounding statements about a board change that I have ever read.  

In response to one other's speculation on this shuffle, I'd like to point out that nothing in the statement suggests that we are no closer to having a partner for Hay Mountain.  Talks, and perhaps with multiple other companies, could be underway.  Ethics and law, however, will not allow for any hint of that, until at least a memorandum of understanding has been signed.  Whatever the situation, the need to fund operating costs continues, and a partnership is not likely to resolve that.  It must continue.

VP