And to follow-up - what do you think the intention (purpose) is of the company when releasing a statement such as that, relating to being fully funded? Why put in a specific date such as 2025?
My thoughts would have been, it is to reassure investors that capital raising is not required in the near term? No? Any other reasons they might decide to specifically include that line?
You know, the exact same thing they were saying right before (whilst actively organising) the last raise…
So they are once again saying one thing, but on the other hand, pausing one of their projects due to lack of funding.
Boy who cried wolf is also a good read, relating to credibility.
IHL Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held
