That's true about other U companies needing to raise cash higher than their market cap...
One company I also hold, DYL, has market cap of $670M and will need to raise a minimum of $700M (could be as high as $800M-$900M) to get into production (which will most likely be in 2026)
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- Ann: Lance Production to Restart in 2024 under Revised LOM Plan
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Ann: Lance Production to Restart in 2024 under Revised LOM Plan, page-34
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
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