Deductive reasoning is your friend. Either it’s not great (not the case - they wouldn’t have mentioned it at the CC...) or they’re currently in discussions that preclude the release of the report. If you assume the report will reflect positively on the company versus current market cap, then the only reason not to release the report would be if they were precluded from doing so.
“Discussions” could be a range of things, as there are certainly plenty of moving parts at the moment. I don’t own a crystal ball and I’m not taking bets on what they’re working on, but I know they need money. And if they planned on selling shares, they would benefit from releasing an independent valuation suggesting that the current market cap is way too low.
There aren’t too many ways to connect those dots.
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