"If capex had increased, they would have announced that and not announced that capex had decreased."
To be fair chuk a lot of what they announced didn't materialise in alignment with their announcement. You thought a CR was unlikely because they announced they were looking for non-dilutionary funding. How did that go?
I am sure a lot of people here lost money based on what they announced last 3 years. Production timelines, funding, etc.
If one blindly uneducated guesses on every timeline that it would be late (without any prior or inside information), one would have been 100% correct thus far. So the optimal decision making model here is just to guess that it will be late and funding not as favorable as announced.
MNB Price at posting:
9.2¢ Sentiment: Hold Disclosure: Held
