Whooosh and the share price goes ballistic with this announcement….not.
I find this somewhat confusing, a repeated, blurb filled, vaguely articulated and ambiguous announcement. Perhaps it just me.
There are a lot of ifs and wishes in here. If they win the competitions for cost reimbursable multiyear programmes with consortiums then they will get $150m in funding? Perhaps it’s that easy folks.
What is the development pathway if they don’t win the competitions? Not seeing anything concrete here at the moment so will be holding off any further capital injections and put these guys in the bottom drawer, I dare say we’re on a slow puncture here at present, but perhaps I’m wrong. CR on the way for sure.
GLTASH
Ann: Volt Progresses with Four Non-Dilutive Funding Programs, page-8
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