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clock Created with Sketch. 19/05/23
12:04
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Originally posted by emptytrolly:
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There are 2 outcomes. Get the money and role the dice on actually building the projects without any issues, or don't get the money an possibly fold or best case have a massive dilution event. But either way we are no longer at a point where this can be called a 50/50 bet. At this point its more like having a handful of coins and all of them must land on heads for this deal to progress.
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The mistakes management has made to date will be valuable lessons for them moving forward. All future projects will be costed better, scheduled better, run better, have better advisors, and overall have a better ROI. Touch wood another pandemic doesn't hit. If the coin comes up heads then they are well positioned to make DEL something special and rewarding for shareholders.
