any company low on cash, no cash flow and seemingly struggling to attract funding will be viewed upon in that way. every companys future is bound by the ability to attract funding, thats just how it is.
Remember its not that we couldnt attract the funding, molten couldnt get anyone to give them money to give to us.
in recent reports lately- pax have indicated many parties are approaching us, generally it is the best bid that wins. In my view, the more bidders, the greater the delay and a premium in price usually.
time will tell.
PAX Price at posting:
1.4¢ Sentiment: ST Buy Disclosure: Held
