There's more to sort out than just financing. The show-stopper wasn't that the company ran out of cash, it was that the plant couldn't start production even though the company had made many public statements saying that all as on track. The truth turns out that the harvest infrastructure wasn't capable of maintaining the required rate of supply, and the plant couldn't process what feedstock was available.
I don't expect anybody to pony up any money until they can see a realistic analysis and plan to resolve the harvest and production issues, and only then if they are prepared to trust a company that has been pretty careless with the truth.
In my opinion, the longer this is suspended the worse it will be for holders. At the very least I expect holders to be diluted to a fraction of their current value. It wouldn't surprise me if voluntary administration comes before the suspension is lifted.
SO4 Price at posting:
31.0¢ Sentiment: Sell Disclosure: Held
