Depends if they went to the right people for finance Bleyer is an obvious 'no' & the previous mob Whitmill's / FRL obviously were too boutique. Third time around is Teo any better or has the change in pricing now got them a mountain they can't climb.
There are plenty of wonderful projects or idea that fall on a scrap heap from bad decisions about how to get finance or how to approach the start up strategy.
Cheers
FAS Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held