The concern is that Tassel and Huon have been onboard for some time now and will be fully aware of the detailed outcome of the testing phases (unlike us shareholders who just get some vague waffle).
The question is why haven't they stepped up to the plate already if the outcomes were so promising. It's also noteworthy that there are no timelines provided for the next phases. And of course they need someone to step in because they can't fund the development themselves. Financially they are on life support and now they've mortgaged the future to further fund the CETO testing, which comes with no guarantees. The loan has to be paid back in under 2 years. This is an all or nothing gamble imo.
The concern is that Tassel and Huon have been onboard for some...
Add to My Watchlist
What is My Watchlist?
