It'll be super interesting to see any decent sized deals are signed in the coming months
1. If one or more deals are done (how can we make POC 1 release if some info isnt out soonish..?) then WHY was this cap raise done now at a very low price when there is currently cash in the bank that could fund this battery work AND the existing expenses until the deals are announced ? Perhaps a last minute "jump on board" for some before the big deal ? Will not reflect well on the call to cap raise now if a deal is announced that kicks the price up much higher in the coming month(s) however it'll be forgotten in the all round high fives that everyone's shares were diluted at a lower price for a select few shareholders benefit.
2. If no deals are announced in the coming quarter then this will look like a good call to get some $ as the share price will be lower than 8c and everyone will be worried about further lack of progress.
could and probably are totally wrong in the above as have my negative nancy hat on again !
Cheers,
Mark
It'll be super interesting to see any decent sized deals are...
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