Would agree with that Beefarmer. SCI were multiples over subscribed for previous cap raisr and that was prior to breakout and news since that point. If SCI get revalued higher raise x amount becomes less and less a % of overal capital thus lower dilution and same working cash. Great results will lead to a high valuation here and then some cash to get over the line to production. Having a mill close and a JV partner are game changing here on further positives.
Funding could be large investment houses, private, JV partner cash for project renegotiation, general cap raise etc... any or a combination.
Even dilution at this stage in my mind isn't so much of an issue as monies raised would value add greater than sum of parts given where projecrs are heading.
A time is coming when a moment of clarity is going to happen and the real value here is going to be realised.
JFI
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Open | High | Low | Value | Volume |
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10 | 11865582 | 0.003 |
6 | 15150000 | 0.002 |
3 | 4300000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.006 | 8545677 | 10 |
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