Wow, certainly stuck between a rock and a hard place atm, it just doesn’t stop. That new funding coming soon will want minimal risk while the commodity continues to spiral downwards. Never thought I’d suggest this but 4c could be a rough estimate short term into a raise. Then the company fights against time (n) until the economics become more favourable.
Todays MC is roughly $21M
Cash can’t be more than $5M
Wow, certainly stuck between a rock and a hard place atm, it...
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