"Have read US companies like cash backing of the companies they have agreements with to reduce risk".
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This was specifically stated at some point around the announcement of the SPP as the direct reason for the SPP etc.
I seem to recall the inference (at least) if not the direct acknowledgement that it was Intel itself that preferred that a company it dealt with were seen to be financially viable. We all wondered at the time why the cash raise at a time when we had plenty of funds.
I think that the sudden TH immediately after the EGM indicates that, having attained approval to satisfy the financial side of things from SHers, there's a fair to good chance that Intel are coming to the party "officially" as far as contracts are concerned.
Wouldn't that be something ?
XPE Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
