if they based their Chem plant in US
they may have already received DFC and DoE funding
take that as you may
but I see it as a strategic decision blunder
I also think their sensitivity analysis on their feasibility was extremely poor and shortsighted
all I see now is massive dilution and possibly massive impacts to my holding value from equity raises
Severity of the impact to my holding value depends on DFC funding or receipt of other non dilutive cash
Ann: Completion of Entitlement Offer, page-32
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