"Here we go to prep the stock for the 5 cent CR"
Couldn't agree more on that one. Not a popular opinion I suspect, but there are a few ducks lined up.
- Unless there has been some substantial income that we are unaware of last quarter, or there is a near term income stream or upfront deal, more sheckles will be needed soon.
- Tomorrows rather surprise webinar could signal that a promising vision / pipeline are in train (not necessarily pumping, but real information).
- The feeble pump of the past few days to give a 5 day (or whatever) VWAP to enable 5 cents raise to be in place before the AGM.
- The new chair has bitten the bullet and said 'fire it.
[Wouldn't be of concern to me IF I can be convinced that there is still potential for a medium to long term future here, but that more bucks are promptly needed in the kitty. 200 million @ 5 cents = $10m (with 10% dilution). Diarise it. As a few have previously said, we are at the stage where money has to be spent in order to make it. DT & JH can take the hit for churning through our previous CR with no result. We wouldn't want to throw out the baby with the bathwater - would we?]
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Price($) | Vol. | No. |
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