But in all seriousness, the longer it takes to bring on equity partners then another cap raising might be on the cards.
Indeed @crazybull. That's why cash burn on needless activities must be stopped. It isn't helped by making the Board larger than it needs to be, and stacked with engineers to oversee something that may never get built.
Meanwhile, the gradual decline to an unacceptably low price for the major equity raisings has commenced. And Mr Market knows it.
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $431.2M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.0¢ | $646.1K | 3.690M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 50047 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 2381323 | 51 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| ARU (ASX) Chart |