The raise will not get away unless a set of investors or investor has faith there is a path out of this, I am not sure after the repeated incompetence that is actually possible. Who would believe them?
A condition of any raise would be for both Joe and Hamish to step down - only then would you start to get traction.
Would the company raise just the specific amount for the LGC bill? Probably not - they'll look to raise more.
Absolute Neanderthals.
Ann: Update On Subsidiary - CleanTech Energy Pty Ltd, page-13
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