Hi goog64, yes mate, CR is capital raising, although you perhaps need to understand firstly who you are listening to!
You have only posted three times, but hopefully you have read and researched the company (showing hold sentiment)
Some on here just like to ask ridiculous questions and then go ahead and try to answer their own question......Then ignore someone asking a genuine question.... go figure
To be more accurate, the company is progressing to a stage of developing a commercial plant that will undoubtedly need some funding. In the meantime, it also carries some operational costs ( as do all companies) but negotiations are taking place with several interested parties regarding a Joint Venture.
At this point in time, we do not yet know the outcome, and some on the forum are already assuming that we are heading for a CR. Until we hear anything further in the form of an announcement, the question of a CR is anyone's guess, .... but by no means imminent as some would have you believe.
Hope this helps,
Rocket.
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