BitzThen they should give the first project a miss now so the...

Bitz

Then they should give the first project a miss now so the partner can get encouraged to get on with it. Once the tech is commercialised the path to raising will be much easier and there will be plenty of small community projects out there in Asia.

Where it is now, taking con notes for execs donuts and charter jets is really at the expense of holders. Looking at last time they ran dry they appear to have accrued directors trough and paid themselves after the raise.

Thats just poor form by failed management.

Agree the partner has no confidence in the WRG team funding capabilities or it would have been the 51:49 usual route in wrg favour.

I think the model of sell the tech is really the model for this co. Being greedy trying to capture the entire value chain with everything from selling the black boxes in complex jv's to selling the water in jv with the customer sounds great but has got them to here.