AC8 0.00% 4.0¢ auscann group holdings ltd

Ann: AusCann Joint Venture Harvests Second Crop in Chile, page-46

  1. 1,132 Posts.
    lightbulb Created with Sketch. 289
    That's all well and good but with a burn rate of $1,000,000 or so a month, there isn't a great deal of reserves for operating costs. I asked the question of raw product per kg to see if there was any viability to offloading it until channels for the final product come around.

    How is this business going to be funded moving forward until end product channels are finalised and production ramped up?

    Is there just going to be more dilution / cap raising? That must be one of the core questions to be answered by anyone looking to invest in this business. Because there isn't a lot of info out there regarding these points from this company as far as I can find.
 
watchlist Created with Sketch. Add AC8 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.