Whats gonna happen to share price if they fail to raise enough capital from soph investors? BOD will prob decide to provide better term to soph investors. Then whos gonna pay for that? Its gonna cost us, the existing share holders.
I reckon management should focus to get the contracts signed and stablise the share price before raising more capital.
We currently have over 7M + money coming in from sale of geothermal (1m ish). Why rush the CR now especially when share price is at the all time low?
Very disappointed how they manage the capital...
All my opinion...
A Call to Chris Wood - Questions Please, page-64
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