hopefully with such low capex, some debt funding and the delay between AN and Muchea, we wont need anymore raises....ever.
logic would suggest that if we want a second plant, the first plant should fund it. if that comes at the cost of delaying dividends 12 months, so be it. as long as we stay well under 1 billion SOI I'm happy. as it stands fully diluted i think we're about 500million SOI. so pretty easy goal. keeping it low should guarantee the $1 party and probably the $2 party.
potentially why the over subscription as it was last minute shopping.
so come the 2nd. if this retraces all the better for me.... as the value proposition is still stupid good.
hopefully with such low capex, some debt funding and the delay...
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