How's the Capital Raise Going to Work?, page-104

The conference is on the 3rd June.

Which makes the timing and amount of this SPP interesting.

The amount wont last long at current burn rate, and with expansion trial planned, burn rate shouldn't be reducing.

I would think if new information is being delivered at the conference, any raise would be delayed until that, hoping for a higher price.

Is the SPP being timed before the conference to help plamas investors with a raise to sophs being done later?

Or is the SPP it, and we raise again later when the coffers dry up?

Getting $1million from the board is a good look. Have just checked the rules. They can not buy on market during a black out period. But they can take part of any CR or SPP which falls in that period.

Where is a crystal ball when you need one?