seems unncessary at this stage, they have the funding for pilot
obviusly this is more about scale-up operations, but they had options in market which would have given them the injection they needed if they delivered on pilot.
I expect if tis minor and get the market to price in future phases, it could be a positive
But sadly i expect the market will not price in scale-up operations until they prove the model.. Cap raising now doestn seem like the best idea.
I;ve mentioned before, the biggest risk with LMG is its inexperienced Board. These guys are not the guys we want leading and I hope in time we get a more qualified board
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Open | High | Low | Value | Volume |
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---|---|---|
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4 | 89923 | 0.036 |
11 | 1535539 | 0.035 |
2 | 236325 | 0.034 |
1 | 29600 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 134036 | 1 |
0.043 | 536500 | 3 |
0.044 | 4100 | 2 |
0.045 | 45511 | 2 |
0.046 | 350000 | 3 |
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