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Ann: AGM Presentation, page-74

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BobLoblaw

3,488 Posts.

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26/05/21

18:12

Post #: 53436182
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Originally posted by ricky182: ↑

Agreed demo is indeed key , but as mentioned by one of the kind souls who attended the AGM, no cap raise will be required until they need to go into production and after the demo is done and the amount will be for approx anywhere between 20-80 million. Seeing that this company has abit of a taboo around it in terms of delays over the years , soon as the demo is done with and assuming it displays all that its meant to , the share price after the demo will be well above all time highs into the mid 30s if not even the 40s with no more monkey on the back and thats when they will do the raising , at that price you are looking at a markep cap north of a billion so to raise that amount is barely a dilution and will instead propel it even higher on the cap raise as it will be the imminent sign that we are going into production , imho

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Exactly, they only need enough to fund the first production run, profits from sales will sustain production thereafter.

AKP Price at posting: $23.19 Sentiment: None Disclosure: Not Held
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