If we presume 7c for a raise , that would be around a 150% increase in the number of shares.
800 mill to 2 billion.
I'm sure the company line will go something like, '' we are fully funded',' after this.
Still, better than administration if they can pull it off.
You would want some pretty convincing evidence on the chemistry , engineering and operating costs before stumping up more cash for this lot.
Ann: Resignation of CEO, page-60
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