Hi Nymph,Agree fully!I think it's clear that the share price...

Hi Nymph,

Agree fully!
I think it's clear that the share price will not do much more until the financing issues are put to bed.

This statement concerns me a little bit though:

"In order to meet its funding needs given the size and scope of the supply agreement with Valero, and to satisfy its other commercial objectives Mission is considering various financing options"

As you say they will pocket $36.6 million from the first tranche of the warrants if fully exercised. And why wouldnt Valero exercise 100% of the tranche
MBT have the new 250KT plant essentially complete so what do they need extra money for?
Will we see another CR shortly?

Regarding any dilution caused by Valero's 25%

Again what this will do the share price is very much dependent on what MBT management plan to do with the money.
If it's spent on capital expansion which adds more value to the company then there may no negative effect on the price at all.

I guess all will soon be revealed.

Cheers