With the offtake agreement and US investors coming on board and if they can raise $20 Mill in this financial market in a short space of time, then i think that 12.5% will disappear pretty quickly. Think of the volume that goes through daily. Does it seem to you that people buying into a CR are doing so to get rid of them for 10% trade?
If it is $$ for just operations and no offtake then I'd be a little more annoyed at the volume. I feel confident it will be more than just a contract for more feedstock. Did we even really get an announcement last time, its was just a passing one liner really. Also as all have said, Hank is not ann MOU, so this will be $$$ attached if it is an offtake, not just a promise between mates. Hank is doing things as a CEO should, no fluff, working his butt off and putting his own $$$ into the company. I wonder if Pegasus will participate this time around? I actually would rather they didn't (but more than happy if they do) then we'd know the US investors are keen and its not just insiders.
Oh and yes the % of dilution is mostly because our SOI is low. So you got in at a great time.
