Ann: Successful Capital Raise, page-23

Well, I posted some comments on the other thread when this came out. Iterating them here.

This really is disappointing insofar as the company has been under delivering on the operational front, and then screws current holders, certainly retail in a poorly timed CR.

The market is tough no doubt, we have had covid delays and operational hiccups which are to be expected. If they need to funds then fine. But it staggers me that we are apparently weeks away from helium product (read Dennis' post, he is an engineer...), and we are raising at such a low SP. If Stef was an actuary and banker, this is just inept.

I have not sold, that is because the world is so short of helium that we will still almost certainly bumble our way to being rich despite this clumsiness, but we could be doing a hell of a lot better.

I look forward to the rose tinted classes folk/stef admiration society presenting arguments as to how this has been done well.


Cheers
Allan