so 7.1A was approved at last year's AGM and is valid for 12 months (from the date of the AGM rather than eoy) so imo the unused capacity for the CR w/o s/h approval as of today is 171.4m shs until 28 Nov. i.e. plenty of time...
I share your frustration H, but I'm afraid the un-embroidered truth is that we are still a high-risk enterprise which is still quite properly the province of the equity markets - we might not consider it so, but for such a new undertaking at this end of the high-tech market (despite the seeming excellent performance thus far), which is exposed to so many of the vagaries which have been discussed on these threads for many months, it's a no-go undertaking for the banks to support with vanilla debt. You might not agree with it but there's an amount of risk taken by the entities that operate at this end of the market which require a fair run at a decent return and let me tell you, there aren't thousands and thousands of them queuing up. Let the guys do their job and if the product is as successful as we all hope it will be, we'll all be rewarded many times over, but it will take some time and won't happen overnight.
I know what I'm saying won't be popular but I'm afraid them's the facts...
(20min delay)