I agree with all your thoughts here. Very underwhelming imo. $104m Capex for $205m NPV is going to make it very hard to.get finance.
$4m cash in the bank after ridiculous cash burn the last 2 quarters. What happened to funding for 9 quarters? CR will be announced pretty soon I'd think.
Not to mention the $240k to come up with the name " EVION to consultants.
Those who got in the last cap raise at 18 cents will be kicking themselves.
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