Do you see any loans from directors??
I don't.
Do you see any loans from major shareholders??
I don't.
Do you see any indication of a pre IPO cap raise ??
I don't.
It is a bit difficult to do a pre IPO cap raise when you already have 2.67B or whatever shares on issue. How do you give a discount, and why would anyone take it up?? The company has no collateral, nor a business plan (an idea is not a plan).
The answer to the question I asked, seemed to be iffy (If I was...), not a yes.
I certainly wouldn't be lending any cash to this mob, no ifs, buts, or maybee's.
WFE have had well over a year to get their plan together, but there is nothing to show for that year, just a prolonged suspension, no Independent Experts report into whether the idea is viable, a crash in the price of the underlying commodity, no offtake deals, no outside funding, and the company just about out of funds.
Why would anyone lend money to such a mob?
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