CAN’s announcement is a big eye opener on what goes into making a ‘state of the art’ facility. Although I don’t follow CAN all that much I believe they’ve already had a massive cap raise, but not enough to pay the full 100 mil so I would think another raise is coming up this year, would be careful on the timing of buying in.
For QBL to build a similar facility we’d be looking at tens of billions of shares issued for a raise, can’t see that happening.
QBL Price at posting:
4.1¢ Sentiment: Hold Disclosure: Not Held