Blommer's negative on the company but I don't think he's been too unfair.
We are at the stage where there's not going to be much more chances for the company given the debt. We can't just limp on for another year anymore.
That's not to say there aren't opportunities with ICL and Pine Belt, but these need to start making money sooner rather than later.
It's either that or a capital raising. But even a CR needs some positive news to not raise at a steep discount.
Ann: Alexium Commercial Update, page-88
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