We had 1.3 quarters of cash burn after Q1 2024. On best case scenario, we will not be earning until Q1 2025.In hindsight we should have developed Galactica first, but that’s easy to say now.Expect close to 25% dilution over the coming months. That’s what shareholders voted for with the 7.1A mandate.The CR is as good as priced in. Only a unexpected resource or perhaps an off take agreement is going to lift the SP at the moment.Expect SP to drop below the CR price, I’m thinking as low as .003 before a steady climb as Galactica/Pegasus comes to fruition.Its going to be a bumpy ride before this helium balloon takes off.Let’s get to production Trent & co.All IMO and please DYOR.
(20min delay)