Try again, you’re really flailing around now!
The narrative was that we are fast running out of money and a raise will crash the price.
$7.5M raised at a premium.
Nice.
As I’ve said recently, several times, it is no big deal if we need to raise say $10M to get the 2ktpa plant humming along and signifcantly ramped.
…and here we are, $7.5M and qualification process underway to boot, towards potential offtake.
Nice.
It does not solve all our funding woes, but it does provide us, afaict, with roughly 6 months funding in total now, depending on how the ramp up goes.
Selling product in the coming months further increases that time.
Nice!
So, again, yes that apparent “desperation” that has been a clear message from some here, is indeed significantly reduced.
You’re trying very hard to paint this as a nothing burger, instead of analysing what it actually means and recognising that all the “certainty” about a CR crashing the price was just guesswork, and turned out to be wrong.
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