An embarrassing and extremely costly underestimation of the Financial situation
Q&A Dannika Warburton Investability - early Feb 24 Talking about Storm…
Q. “Do you have enough cash to execute?”
Dave YES!… It was an emphatic yes!
Dave went on to talk about the $4mil in the bank and the Sept oppies and he said…
”Given we’ve still got $4 million in the bank we’re well placed given the next couple of months are going to be really light on for cost we’re really well placed to start the season and head into very quite far into the season and investors shouldn’t forget we’ve got over $5 million coming back to us hopefully this year in some very well priced options that are due to expire this year so you know we think that’ll give us a significant cash boost during the season and yeah that’ll set us up well”
THREE cap raises later, another surely to come, it’s amazing !!
An embarrassing and extremely costly underestimation of the...
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