Credit I've been very clear in the past it was a race for the contracts or the cap raise. Who knows which way the market will go in the next few weeks or months. GFC one we got an early cap raising which hurt us all and this will be no different.
So we have gone the cap raise, just like the we will never see below $1 we will never see another cap raise !!!!! Will we look back in a few weeks and say it was cheap ? It had a nice sucker run on the first signed supply contract, this was done to show the way forward when we get a larger contract. The rise to 80c paved the way for the current cap raise. Glass half full I am glad the price dropped in the last week for a reason I can identify, not because the big end of town has lost faith in the plan. If they are throwing another $20m at the business plan in this economy it's got to be on track. I've been told they are greedy and it shows with the 1st and now the second cap raise.
Hopefully this time we can spring into production at the 200m nit level and get these guys off our back !!!!!
Personally I'm glad it pulled back because like theninstos I want more, problem is all e other bts I've made bar KPL have gone in the other direction........
Timing wise I think we will see the mood swings on this thread fluctuate with the price. Two weeks ago it was statues of Al now it's hate mail...... Fellas give up on matching price to happiness, it's about the end game. The end game must happen by Christmas or even writer and I will have empty glasses. For now it's survive and get production in place to generate cash and break free as a cash flow positive company.
Remember who put all their cash on the UNS horse, it was the same guy who just went back and diluted his share. I believe it's for a good reason and I'm sure we will hear why soon.
Good luck fellow UNS tragics, your all as crazy as one another..... I'm probably the worst !!!!! LOL
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