Have your read the announcements in the last 6 months? Everything they have been spruiking is moving along. They are not going to guess what expected revenues could happen - that would see Mr Market have false guidance and we all know what happens to the roller coaster SP then.
No need for Cap Raise - as revenues will cover the costs next quarter. Most likely no need for borrowings either. No other company in this space can produce what THC are going to produce and the company has announced they will be cost neutral next quarter. Do you think they have been sitting around twiddling their thumbs?
Currently awaiting licences for Canadian finished products to supply patients. Canada currently have 10 times the market of Australia to supply patients. What do you think the revenue will look like if THC get a foothold in that market while also being capable of supplying the entire Aussie and NZ markets anyway?
We wait and IMO, accumulate.
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