I’m not sure there is any other option at the moment other than a capital raising to progress and commit to building the starter plant. There has been a renewed push recently by the board to increase sentiment and hopefully push the share price up so that dilution is reduced as much as possible. We still have no figures regarding the starter plant economics, so retail investors are relying on blind hope. There are many more questions than answers at the moment, and hopefully the board can be pushed to provide more clarity at the AGM. In saying that, if they had answers they would have already issued announcements to the market. They have approximately 3 quarters of cash flow available to work it out, doesn’t seem like much time.
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I’m not sure there is any other option at the moment other than...
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33 | 19683625 | 0.007 |
14 | 9567999 | 0.006 |
6 | 6825000 | 0.005 |
2 | 4800000 | 0.004 |
Price($) | Vol. | No. |
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0.010 | 24610994 | 16 |
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