Yes, well I'm heavily into this one so got to back the company directors and as yet unknown instutuional investors who subscribed to the recent CR. There again, 173m new shares and they are sitting on 80% profit in a few days- might not hold.
Depending on how much was allocated to instos, as you can see form one soph. who posted, he/she was scaled back from 200k to 34k ( received 17% ) which suggests, and I mean suggests, that 6 times demand was there over the $13m sought for this CR.
It will be very interesting once approval comes with possible partners, offtakes and so on.
AZL General Discussion, page-1083
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