This would mean our cap raise effectively takes the MC to 24.4m @ 2.2c and add 4M to 28.4M. Which also should take our out put from 4.2 tons to 13 tones (may be discount it to 8 or 9) by end of this CY. If that is the case we should do well from a rerate perspective, especially compared to the 3 loss making companies in the presentation as they will need over 10M each for their bail out. please let me know your thoughts and thanks.
ECS Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
