I have been watching and held this company a few times even been part of one of the private placements . For the mutiple small raisings and costs .. would have been far better off raising a larger amount with a renounceable right issue.
There a few things i really like about the company and i hope to buy back again soon if they can deliver.
If they cant find a partner its not going to be pretty. Minimum expenditures on leases can only go so far before they are not renewed which had a few renewal already.
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