All you are seeing is capital raise being sold off.
I think part of the funds will be used for funding production.
All in all, you could see market cap back to $200m or 60 cents per share.
BLK needs to focus with n achieving consistent production before trying to ramp up.
What management are doing is trying to ramp up share price at the expense of driving consistent business performance.
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- BLK may fall to the range of 0.33 - 0.41
BLK may fall to the range of 0.33 - 0.41, page-8
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