seems unncessary at this stage, they have the funding for...

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