Ann: Renounceable Rights Issue to raise up to $6.2M, page-243

everyone seems very happy with the company CR.
everyone seems are all looking forward to OT will definitely arrive sometime.
But,
what if the Off taker has done the test of AGY products and the results shown failed, and that is the reason causing delay of OT agreement and may not be announced?
i still remember that half year ago, JZ made one of the announcement that say ".......bla bla bla, Shareholders will be very happy....."
and in terms of the SP now, i believe most of retail investors are not happy at all,
to some extend, JZ is kind of losing his credibility and reputation as well...

anyway, DYOR, it's not financial advice. no offense.