you have confirmation that the L1 facility is lost?
I haven’t seen confirmation of that only that they haven’t referred to it and it has been removed from the recent 4c.
the lack of communication on this funding agreement is troubling especially with the need for cash
I’m wondering if they get the spp out of the way and then do a raise at same price to L1 to top up. They then can at least say that they gave the retail investors an equal chance of participating
again no idea what will happen and what the current status of the L1 funding is
I don’t think the $30m should have been included in the 4c to begin but it’s removal can’t determine that it’s lost altogether
show me the explicit confirmation from management that the L1 facility is lost
times like this is where real money is made and lost and the recent comments posted highlight the level of fear/perceived risk
this space is only for the brave and those that can afford to lose their investment - not a space for capital preservation
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