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26/07/15
13:37
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Originally posted by ryan1986
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Nope I'd say the only way we would have found out who took part in the placement would be if they are either a director or end up owning more than 5% of the co. after doing so.
The vendors were Ziggy and co. and got their milestone shares. But as far as the placement takes they were sophs and 708's and we won't know who they are.
I would say some will be a bit unhappy at how thing were carried out, but I think there is a method to the madness here and the coming month will tell us if that is the case and there is in fact a LOT going on behind the scenes... which will come to surface in time - the pilot plant being a major cornerstone to more JV's being signed... which is not far off I wouldn't think.
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Yes, pilot plant needs to prove up...and no reason why it wont. Investors want certainty before jumping in on a new product and with one jv already signed and 6 mill raised we should see a quick TAT...imo