Ann: Winsome on Pathway to Production with $25m Raising, page-75

There would be very few listed companies that want any retail investors. They are simply an unavoidable side effect of listing to obtain funds for a startup..

Management use the invested funds to achieve business goals and milestones knowing the SP will follow along with those milestones as they are achieved - If they have a solid business plan and product of course. They will do their best to keep the SP as high as possible, however it is the business goals that are important.

The reason retail is not welcomed with open arms is quite obvious just by reading here with the Micka's and other 'tards that fire up with a hundred opinions on how bad management and everything else is every time the SP is red for two days in a row. For some reason daily/weekly/monthly cycles along with market segment sentiment is always second to their myriad of other sooky, whiny, self indulged rants, all based on short term outlook and trading.

The cash burn was required to use funds that mandated the funds be used by a due date, and in drilling 10's of kilometres of holes all beside each other to obtain the massive percentage of indicated for the MRE update.
There are also constraints on the availability of FTF going forward when they carry out their business goals of acquiring Renard and other such objectives.

It is what it is.

Sell or top up. It's up to you.