"If capex had increased, they would have announced that and not announced that capex had decreased."
To be fair chuk a lot of what they announced didn't materialise in alignment with their announcement. You thought a CR was unlikely because they announced they were looking for non-dilutionary funding. How did that go?
I am sure a lot of people here lost money based on what they announced last 3 years. Production timelines, funding, etc.
If one blindly uneducated guesses on every timeline that it would be late (without any prior or inside information), one would have been 100% correct thus far. So the optimal decision making model here is just to guess that it will be late and funding not as favorable as announced.
"If capex had increased, they would have announced that and not...
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