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Ann: Investor Presentation - Winx-1, page-32

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  1. 313 Posts.
    lightbulb Created with Sketch. 48
    it makes me nervous that yes the pattern of plan a drill, release presentation, lead into CR etc has been there in the past.... hope history doesn't repeat.

    but if DW were to do it now there would have to be a clear and significant need for the cash -- if we see a CR then it could be part of a farm out/in deal, where 88 need to tip in some costs, possibly ?

    this leads to my last worry : consolidation.
    which, if a CR is needed now due to a "deal" to be made then this might be the only route to go down.
 
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