"The Company has incurred losses in the past and it is therefore not possible to evaluate the Company’s future prospects based on past performance. The Company expects to make losses in the foreseeable future. Factors that will determine the Company’s future profitability are its ability to manage its costs, its ability to execute its development and growth strategies, the success of its activities in a competitive market, the actions of competitors and regulatory developments. As a result, the extent of future profits, if any, and the time required to achieve sustainable profitability, is uncertain. In addition, the level of any such future profitability (or loss) cannot be predicted and may vary significantly from period to period"
Will we continue to be diluted by convertible loans from high risk lenders on unfavourable terms? Celtic then YA. WHO next?
Noble have been very quiet. They obviously get first choice of advancing tranche 2 or starting a new loan. But they prefer other parties to offer funding.
KAB Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
