this isnt rocket science although I do wonder if we are expected to believe that it is simplistically I know but it comes down to an evaluation of the risks and as you say, the risk of going down is greater than the financial risk of spending to stay up. Would I expect the board to have formally considered these risks - yes (oh there I go with my naive head on again) if they have done the evaluation and for the short/medium term, financial prudence is the primary objective, perhaps it would be good relationship management to make a clear statement to the interest parties (i.e the supporters) about it
