Money in the bank, means no capital raise, this is a positive for the company. It's easy to be critical however what were the options if this deal didn't take place? This would have been months in the making with a lot of work to complete. In my opinion well done, let's see what's next? when the transaction is complete $17 M in the bank, current market cap $14.............. I can't see our chinese partners sitting on this now either. The project has been given the green light by upper level chinese management.
Money in the bank, means no capital raise, this is a positive...
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