My two bob's worth is that they should avoid another CR if at all possible and use debt funding. It would be perhaps a kick in the butt for investors unless the orders that were being placed dictated that the next phase or two be fast tracked to meet demand...then that would perhaps justify a CR. On the other hand if the orders were coming thick and fast it should be easy to fund via debt...better way to go IMHO from outsiders POV. Anyway aren't we speaking too early re the next possible (not optimum IMHO) CR? First things first they have the chops and $3m leftovers to get first base going...then what? Lets get the first joint going and worry about the next phase of capital and production. Prior orders will dictate everything soon enough...no orders no business. Enjoy the first w/end of the NFY it is going to be a beauty if EDE can keep on doing what they are doing!
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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0.2¢ | 24217145 | 19 |
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0 | 0 | 0.000 |
0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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0.003 | 49546223 | 26 |
0.004 | 5516034 | 6 |
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