Its crazy to me they reported having 14 quarters worth of funding available and just put N/A on their latest quarterly report for any questions on on staying afloat or raising funds. But when you look at the numbers they have 3-5 months left of funds available if you go by what their spending. So either most projects are actually funded already (Such as this search for a location) and everything needed (Such as environmental impact studies) for the projects, or they lied. And as far as I can tell there's no reports that their expected expenditures will be less this quarter or the next due to these factors. Maybe well see a huge share offering and be diluted even further, because I cannot imagine any financial institution wanting to dump more money into this.
Ann: Jervois Short-Lists Locations for US Cobalt Refinery, page-5
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