CAN 0.00% 2.8¢ cann group limited

Even if they need to raise abit, i mean HOW MUCH do u guys...

  1. 1,201 Posts.
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    Even if they need to raise abit, i mean HOW MUCH do u guys thiink theyll need to raise to get by for the next 12-18mths?? Theyll have 10mill acc to my above scenario on balance sheet whichll get them thru most of nxt yr at a reduced rescaled rate of prod say 50k. Then they might have to RAISE another 10-15mill till production comes . So at 80c theyd nd to issue 20mill extra shares.

    BIG DEAL,, so now well have 160mill shares on issue as opposed to 140mill - BUT.....(drum roll) ....well also have production up n running - so its not a big price to pay (an extra 20mill shares dilution) to be in Operation and a PRODUCER

    Furthermore - - Aurrora will be SAVING shizloads of $$ by buying product straight from all the little coys its invested in and halting some of their production to SAVE big $$$$$ . ie Cann is doing all the Work , spending all the Capex and ongoings and wages admin etc,, just so that AURRORA can swoop in and buy the finished product without all the expenses laid on themselves of producing. AURORA is a massive massive multi bill dllr company - and just like huge huge MINING COMPANYS, YES, it may just be the best thing financually in short term to cut back on abit of production and buy product from all its investments for a fraction of the price of them producing it.

    Use yr brains - this aint finished at all. We just need a little cap raise of 15mill to get by till production and we already have 5mill left on balance sheet (or potentially 10mill if prod is scaled back). Aurrora will buy our product as this means LOWER COSTS for them - ie higher ROE ,, higher ROA / ROC (return on assets / return on capital invested).

 
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