That's a great statement!!
I've been saying that here for months!!
I made a similar post not even a month ago.
LPD has a "strategic partner" with $210 million on the books.
They could fund multiple P1's & maybe a P2 with cash upfront!!
Shareholders have to ask themselves why don't they fund a P1??
Here's another scenario...
AUD $50 million for a P1
25% from a "strategic partner" (who has $210 million on the books).
25% from shareholders.
25% from debt.
25% from a prepayment with a customer.
It can't be that hard, right??
Ann: Quarterly Activities and Cashflow Report, page-47
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