Mow that CAN group have raised this money, are they actually going to use it to try and finish off the Mildura facility or are they going to just use it to stay alive?
The major question remaining is that even if they use this to continue building the facility, who is going to finance the 2-3 years of business boostrapping before it reaches break even?
The $14m is the start of a long cycle of investment, but if CAN group don't have a customer ready to buy their products, then they are doomed.
It seems obvious that the off-take agreements they have are fanciful and of no value.
Why have they not created their own pathway to market and acquired patients by themselves?
Mow that CAN group have raised this money, are they actually...
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
