That is definitely a great outcome!! Although I can't say I am optimistic that will be the likely outcome.
Quoting from prospectus.
"The Company is awaiting a formal notification from DWER of comments on the PER and the Company is required to respond to all such comments." (I bolded the FORMAL).
My thoughts on what's happening:
- BM was banking on this PER completion will raise the SP (just like me, betting $30k @16c) for better CR.
- Probably already received some "informal" communications? Not as quick process as he hopes to be.
- CR, $3m.
I guess now, why the $3m amount? Maybe the "informal" communications so far give him enough confidence to have enough working capitals & acquire some equipment purchases to see this through with $3m.
If we are being realistic, there will be a lot, by a lot, I meant a lot of upset people if this doesn't pan out. BM is definitely aware and probably won't like that to happen either.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 100000 | 0.034 |
1 | 50000 | 0.033 |
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Price($) | Vol. | No. |
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