The cost of training the technicians involved in the clinics was millions of dollars, It would have to be re done should the timeline be extended any further thats not an option.
The CEO is under pressure to commence this trial and at this stage does not have any leeway for variation, none whatsoever.
With the AGM looming in 4 weeks who would want to front those bearing sickles and torches.
To commence the trial they must have funding secured, meaning the money in the bank.
Hence they have a week and a bit to sort it out.
No CR as this wont give them the money in the bank.
No loans as there is no security.
That only left 1 option which is a fund, most likely ordbis as they have the most to gain
In my humble opinion this makes this stock a buy with excellent returns to be made both short and long term.
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EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
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