Actually one of the reasons for the lost credibility (apart from failure to meet time schedules) was a statement of not requiring any further cap raise, and a few quarters along raised funds! But that capital raise was specifically for acquiring AEM.
AEM is now a critical part of its business going forward because through AEM it controls its production and cost of production for CVM kit componentry.
Thus the phrase "never say never" is a lesson learned!
But for normal business requirements its growing less likely any need for a cap raise.
I'm excited, its been a long road, but looking ahead its smooth sailing IMO.
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- Ann: Appendix 4C & Company Update - June 2019
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