When I spoke to Tim a couple of weeks ago he was very frustrated , the time line he announced to share holders for the funding was communicated to them from APC and with some delay time Tim included aswell. TIM stated the UK GOVERNMENT had new boxes that needed ticking last minute thats why funding wasn't announced this 1st quarter.
Unfortunately for us we need Government funding before the private guys want to join the party, if you guys actually pick up the phone and talk to Tim you will see these guys dont shy away from any questions and they are trying everything possible, unfortunately we haven't got any leverage over the UK GOVERNMENT to force the issue.
The small cash raising was done to limit dilution and was done to just last till funding was achieved, which unfortunately is taking longer than what APC promised IXR . I'm pissed that Tim didn't elaborate what the last UK and USA trip was about , I'll probably go to the AGM in 2 weeks if we don't get any information between now and then. I must say I have been expecting Thomas Kelly to be posting about groups of interested parties go through Belfast Demo Plant especially now with REE in the news but even Thomas has gone quite.
IXR Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
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