even if we went thru 900k(feed) during the past quarter, all expenses will be coming down substantially as we are now in production with 2 mil in the bank. Likely giving us to at the very earliest Q4 for another raise.
we are already valued so low. A raise at this level right now with 2mil cash at least would not be for the shareholders as we are finally starting to generate cashflow. after next quarter we will have revenue which we can use to raise at 6c or higher with far less dillution.
we are only raising funds right now for flights to Madagascar for meeting etc. No drilling or high expense activities
i understand you want to get your shares cheap mate. Easy going
EVG Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
