Last post, as I've nailed my flag, but Dhukka's fair point merits a, I hope considered, reply.
No problem with a cap raising. Nice if there had been a thumping upfront - perhaps rather encouraged by all the reports emanating from the company on discussions with all & sundry - but there we go. The concern is simply what it's for & what it can achieve.
The company's going it alone in a major launch seems unbelievable. The cash usage must be substantial & in any launch would need to be sustained for some time. They carry no serious marketing expertise and a skelton staff.
The rest to spent on Oxy development will still leave it a long way from completion.
Looks as if the launch is a last throw for the old regime. I hope the company will give a serious - credible? - explanation of its current reasoning when it announces the funding
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