3 months cash to fund mining prior to customer receipts is too ambitious. I think they will need 6-9 months.
Also, by outsourcing elements the onus on raising finance for those elements goes to the winning bidder. So we then need MAK AND all the winning bidders to finance....more moving parts basically.
Raise 200m and take out of the equation the element of chance.
The dilution will need to happen to get it off the ground.
3 months cash to fund mining prior to customer receipts is too...
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