Agree that the cash will not last with no revenue stream at this...

Agree that the cash will not last with no revenue stream at this stage. Cap raising is a short term option but given that they are expecting to announce the final partnership contract by the end of Sept and the historic corporate spend to date demonstrating they still have more then 6 months up their sleave, I strongly believe it won't be until after - at a discount to a much higher price then now.

There are other avenues though. UAE paying a signing bonus then funding the project in return for x% of revenue produced. UAE buying a strategic stake in Boulder. Boulder selling off their Europe operations to focus on Gladstone.

For those that are short term focused I don't think you will be diluted at these levels due to the pending announcement on funding partner.