seems unncessary at this stage, they have the funding for pilot
obviusly this is more about scale-up operations, but they had options in market which would have given them the injection they needed if they delivered on pilot.
I expect if tis minor and get the market to price in future phases, it could be a positive
But sadly i expect the market will not price in scale-up operations until they prove the model.. Cap raising now doestn seem like the best idea.
I;ve mentioned before, the biggest risk with LMG is its inexperienced Board. These guys are not the guys we want leading and I hope in time we get a more qualified board
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6 | 696237 | 0.045 |
3 | 1255000 | 0.044 |
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5 | 1236738 | 0.042 |
Price($) | Vol. | No. |
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0.048 | 213273 | 3 |
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