as of 31mar, by their own cash spend forecast, they should have had only $750k in cash, and we are already a month's further spend past that. No point talking about feb cash position TC when it's already nearly May and cash is getting short. When they did that UK cap raise in early Feb they were still saying the DFS would be finished in Feb.
but yes, I agree on the longer term story, including the callie style possibilities despite the friendly comments I've read all the last three+ years announcements ;)
just 'cause you guys don't like or agree with a possibility doesn't mean it's ludicrous lol and of course possible is not probable or certain, but it's at least a small risk in the short term and would be an opportunity to top up if you are focused on the long term. just saying, and with all respect - appreciate others thoughts, especially when they convince me I'm wrong - nothing more helpful!
cheers
THR Price at posting:
3.4¢ Sentiment: LT Buy Disclosure: Held
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