We would need assurances that the company will not be back...

We would need assurances that the company will not be back looking for money again before this expansion is funded

We would like them to address the budget , particularly at the time when costs are being incurred for the new production , but receipts are lagging by 30 to 90 days
If we are just rounding off to the nearest million, what would these costs be at worst case 90 days ?
would it be 3m , or 5m ? and worst case is the only way to do it
we have not seen where this has been addressed
after all the existing production lost 3m in a quarter this year and a new factory will take more than 30 days to find its feet

we think the 3m cash requirement will be difficult to maintain without funds

we think at least another 5m is required, but if cost overruns in the new build occur ,it will be much more , and instant
It is obvious why there is urgent need to get existing shareholders to contribute ,hence the extension
the company was forced to cancel the last cap raise at 14 cents and then pitch it 40 percent lower ,that was the market saying we do not have confidence in what we are seeing
it matter nothing all the rhetoric , all the bullshit and diversions that is written.......the only scorecard that matters is the share price
shareholders seem to be content , even relieved that this new plan will solve all the company's problems ,but there are many more questions
this not just a quick fix with expanded production and guaranteed profits , the risk is of something not happening on time , or costs skyrocketing are real