A highly moronic and misleading take from you, as we are accustomed to...
"Wow they did 55 Million cap raise in December 2020. They burned through that cash very fast. Only 13 Million left. And got nothing to show for it."
Yes, absolutely nothing to show, besides...
- An expensive and extensive drilling program, leading to massive resource upgrades, underpinning future growth potential and assuring potential customers.
- A FEED study, serving as prerequisite for funding agreements.
- An operational pilot plant producing commercial samples for very advanced qualification programs with a multitude of Tier 1 battery and car manufacturers as prerequisite for crucial offtake agreements.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-30
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