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Ann: 31 December 2018 Half Year Financial Report, page-6

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  1. 1,470 Posts.
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    Re:"...making good progress with funding and advancing a number of funding options..."
    C'mon dante...'good' progress...what does good mean?...even 'common' everyday language it is a very poor adjective...'good boy'....'good dog'...'good' is a good nebulas word for some situations imo .....and, imo, any 'good' Co should have a more 'gooder' word to convince investors they really are making 'good' progress....
    As for "...advancing a number of funding options ...." reads to me that Co hasn't 'nailed' anything and are still have cap in hand with a number of 'options' in the financial world ...without much to report...
    I mean really...if these 'ootions' were real options then surely 'good progress' would have been 'advanced' well before wasting the best part of 15 months chasing a prospective imo....speaking of which....we didn't seem to get an 'update' on how the 'unrealistic' prospectus terms negotiations were going in last Ann ....l would suggest that option may now have been resigned to 15 months of cashburn with no result...
    Nothing in this last Ann suggests to me that Co is even close to securing funding from anywhere....
 
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