I suspect the next step is a 10 for one share consolidation after the AGM, followed by a share issue to accumulate a cash war chest. The amount of cash that can be raised will then dictate the go forward possibilities. My best guess is that mgt will work to find a new play and begin using the cash to accumulate land.
Disclosure - I sold all my shares post CQE spinoff, expecting that the share consolidation will pressure share price. I will reassess after the consolidation takes place. Time will tell whether that was a good move or not.