Actually read the funding announcement released by jat again. Jat is doing better than expected and has unforseen need of cash due to neurios success. We are growing too fast with.our.new contracts. Least the cash is.being used to make more cash not service the business like our peers bubs, ktd, wha, and nuchev.
I am confident we will get the required cash either by the share issue or debt financing. Doubt the 5m is all that jat can borrow considering how much the ANMA plant is worth.
Once the plant is fully functional and the 8m funding is received there really isn't much stopping jat other than political risk. Patiently waiting for Feb
Ann: Rights Issue Results & Shortfall Notification, page-105
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