These projects always leverage on debt at few percent interest...
$70M equity...more than enough to get ball rolling...
from group who have $3 Billion in infrastructure... and committed to waste energy...
and we know returns before optimisation were Double digit unleveraged..... that was before output increased 36% for 16% increase in cost.... And now company gone out to vendors for pricing on multiple units and modulisation likely to drop costing further...
we don’t need more than that to join up the dots....
is it real or not.???
if real then this is a bargain before the details are available...
And clearly it is real ....
As for needing funds, of course....so what....
sick and tired of concern that shareholders will be diluted....
of course we will be diluted... by smart money to enable growth...What was last share you made money on that did it with no capital raising??
But everyone still up on the issue that to all shareholders at 1 cent and directors and major shareholders took most of the issue at 3.5 cents....
Sit back and ask why Akira would give $70M to an outfit that was as fragile as you suggest....
this is an emerging defensive long term growth stock of global potential...not a back door listing of an unproven idea...
I will shut up now until Wednesday July1 2020 when we can review with 20/20 Hindsight what we saw that didn’t exist and what we missed seeing that did exist.
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These projects always leverage on debt at few percent...
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