Talk of a CR is logical. But, it doesn't need to be imminent. They do have cash AND they have promised "possible" price catalyst information before that cash NEEDS topping up.
So, again, this involves those half full and half empty conclusions.
Half full, won't be needed this year, but, would definitely happen with a spike from any of those announcements. Half empty, a convincing story as to why they NEED it and the time lines for when they will NEED to use it i.e. not just to extend the runway.
Meanwhile, solid trading coninues. Short positions report up to 27 September could be VERY interesting. No Gross short sales recorded on 26 September.
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Talk of a CR is logical. But, it doesn't need to be imminent....
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