he’s right that there’ll be another CR but it’s just trivial, it’s like “wow this company with no revenue is gonna have to raise capital again???”
given the current mini cap raise I’d hope they are planning to announce at least SA gov approval if not progress on financing before raising more, so a further large cap raise would be pitching “hey we’re about to start up Kalkaroo west last chance to get in on the ground floor”.
its not a fantastic situation now and it’s true they should have done a cap raise this year at like 25c when the sp was pushing toward 30c
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