If you believe that the funding of around 25m Sterling is a possibility, let me ask you, what would that do to our market cap?
Adding 25m sterling, around 50 million Australian to the balance sheet could instantly take us a lot closer to the 100m market cap i have been talking about.
Throw in some retail and institutional investors jumping in and we would probably eclipse 100m.
The next piece is the puzzle to drop, would be a cornerstone investor...possibly Ford, dropping in another 10 or 20m sterling, which could then leads to an institution like the UK export finance credit agency tipping in. This will give us leverage for some sort of deferred investment loan.
This is a short term target, and should evolve over 2025.
Not a certainty, but certainly not an impossibility
Particularly noting thd raft of publicity, articles, public comment and Governmental rhetoric about us recently. We are well and truly on the radar...
Good luck everyone...
IXR Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
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