Exactly Chimp. This is unlicenced advice.
His 209th post once again spreading false numbers and scaremongering investors.
NO figures have been released on Stage 1, the only people that would have an idea of this would be in the company and finance investors.
You are exactly correct when you say the company must see some upside to the project, otherwise they would not be in negotiations with project financers. Obviously the figures are vastly different to what he is posting.
I wish someone would report these posts for cross promoting and unlicenced advice.
Ann: Volt to Launch Capital Raising, page-290
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