"Spending cash on engineering with fingers crossed on financing.'
And every time the share price falls it makes raising equity via a placement more dilutionary , so making financing as a percentage of the project higher , also increases the interest cost on that financing with both the interest% higher and the interest payments on a higher loan amount higher , and the project becomes more risky .
Maybe time to put the project on the back burner or seek a JV partner ?
"Spending cash on engineering with fingers crossed on...
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Last
14.5¢ |
Change
0.010(7.41%) |
Mkt cap ! $33.84M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 15.0¢ | 13.5¢ | $58.84K | 414.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 46530 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 319303 | 5 |
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