"The Company is also in advanced discussions with several parties to provide a bridge finance facility to meet ongoing cashflow requirements pending receipt of the R&D Refund."
"The entity also intends to secure additional short term debt financing to cover the ramp up phase until a regular revenue stream is in place."
My guess would be more of the same as the last quarter, short term debt, 7m at 12% interest for 12 months last time. They were looking for 19m then. Whilst production numbers are so far from expected I would not expect a critical metals fund to go near Dolphin. Have they built that seawall membrane yet?
G6M have been presenting the R&D Refund as a major milestone they are waiting for. Does any one know how much it is for? The company obviously knows but like usual they don't tell the share holders.
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