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0.00% 9.0¢ delorean corporation limited

Ann: Update On Subsidiary - CleanTech Energy Pty Ltd, page-20

  1. Axed
    147 Posts.
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    29/05/23
    17:12
    Post #: 68019921
    Yes I agree, the FID needs to be finalized and announced ASAP if this company is to survive. The Preference of a loan or convertible note could be through Palisade or even Brickworks. Pay the debt. The FID announcement will provide them with a cash injection and same goes with Yarra Valley + Brickworks later this year.

    A CR would be a terrible solution to this problem. They wouldn't get the funds from shareholders anyway, they've lost all respect and trust for the founders.
    Last edited by Axed: 29/05/23
    DEL Price at posting: 3.2¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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