So there are a few other factors worthy of consideration for a potential CR -
1. Unless a company has more than 2 quarters of funding they have to report how many that under Section 8.5 of the quarterly.
2. The next quarterly is due circa 21st April
3. The ferroglobe hearing around 18 March (mentioned on a post on these threads)
4. If no revenue from sales are forthcoming in the next 2 months the we enter CR territory.
My opinion is that they will hold off on any announcements until after March 18, possibly even up to April 21 when they will have to disclose their funding at which point it would trigger holders to suspect a CR by F/Y end. A positive announcement of any sort would be beneficial prior to April 21 leading SH's to believe and discount the need for further capital. The ferroglobe issue could turn out to be a positive, as could the completion and pilot plant being operational leading the way for the stock to rise in preparation for a CR on positive news somewhere around early May for a one month turnaround of takeup (plus allowing for an extension) to close off the F/Y with funding in hand for the start of the 2025 F/Y.
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