I’m glad they’re adopting a staged approach as this was one of the questions I raised when liaising with David.
If they can raise say $2M every 3 months, each stage will presumably be at a higher price due to continue goals
being met. Creating less dilution for SH’s and you’d assume raising 2M at a time would be far more palatable for investors.
If they were able to raise the first $4M to advance the BFS and we actually saw progress (milestones being met and an increase in SP) I imagine they’d generate excitement with existing holders. Likely enough so for us to dig deep and come up with a sizeable amount of the remaining $4M needed.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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1 | 132962 | 0.038 |
4 | 708834 | 0.037 |
8 | 406509 | 0.036 |
8 | 1048370 | 0.035 |
3 | 543598 | 0.034 |
Price($) | Vol. | No. |
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0.039 | 700000 | 2 |
0.040 | 1081159 | 9 |
0.041 | 526347 | 3 |
0.042 | 1000000 | 1 |
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