As a holder it's in my best interests to gloat nothing but positives towards the company. But I'm not because that's Gcars and others job.
Genuinely, and with respect I'm not sure what you mean by "get up to speed with reality"
The reality is that Jerko said stage 1 (500 TPA) would be what we need to get the IP knowledge, be the "proof of concept" and then go for the big 10,000 tonne plant.
Then suddenly at the expense of 500 million shares on issue we went with the 2,000 TPA (stage 2 plant) which after literally years and years and 500m shares later we've got it producing continuously (albeit at 12.5%)
Yes, I'm sure we'll ramp it up further, and "woohoo" yes we have permits now. And there's so many reasons to be positive.
BUT
The literal sole point I'm raising is that Pablo and co are being funded by us to "get it right" and he has literally emptied the coffers to the point where we need another CR for the 2000 plant which is operating at 12.5% after years, doing the job that the 500 tonne plant was supposed to do and cost us 500 million shares + maybe more if we do a CR.
Look, if we do a CR and by some miracle Jerko gets full stage 3 funding via prepayment and a little debt with no extra dilution then I'm happy.
But if there's a s2 dilution + s3 dilution I'm gonna be ticked off and like 50 people vehemently agree with me.
You're talking about "reality" mate this is the genuine concern I'm raising.
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