It has been rumoured that to go into production would take in the area of 50 million there will have to be a capital raising in the next quarter either for continued R&D or to go into production.
If capital was raised atThere is a huge difference in the number of shares that will be allocated in the next capital raising and this value is dictated by the trading of a relatively small number of shares.
- 50000000/13=3846153
- 50000000/16=3125000
- 50000000/20=2500000
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- Ann: Appendix 4C - quarterly
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