''need to apologise to shareholders and state where they really are with funding.''
$25m last CR - nearly all burnt at significant destruction to shareholders wealth
The 4C cash burn clearly shows what they are funding
Under 2 quarters of cash remain - not a good look when you are asked to explain by ASX -going concern - and still need funding for construction
On going talks with IDC and reviews etc - Unfortunately too many are naive and gullible to believe the terms of any loans etc will be favourable to shareholders
Seek financial advice on the 29.5c projection or guarantees of options being exercised @17c being spammed around here
IMO. debating reality is not down ramping Hence 7.9c and new 3 year lows hit recently
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