yes, fully funded until production. this, confirmed together with the ml will be the next catalyst for the sp. boa in concrete and production being fully sold out seems to be priced in. just have to be patient to q4. i wonder if with the newsflow ahead of us the international funds will increase their positions ? i do not think their investment amounts have been covered with the cr. a " normal" fund position should be 2-3% of the fund volume to have a relevant performance effect. you build up your stake in 2-3 different tranches. so there is certainly more to come from the funds in the next 6 months. pressure for the shorts!
but i think i heard him say as well that perhaps they may need additional funding if decide to fast-track some of the new products. let us hope that is a bit longer way down the road ( how about the aem-license to build a factory?).
hope adn is smarter then in picking their brokers/ banks.
exciting timed ahead.
long for longer.
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