Particularly interesting in this article are comments regarding Texas income generation. The worry with companies like Range is they burn cash and generated very little. Texas will hopefully lubricate the Range Rocket as it prepares for the main launch!
"This fundraising enable the company to move to a revenue generation model through Texas, which in itself thereafter should provide a material incoming cash flow which can be re-invested in Georgia and Puntland helping to build the value of the company asset base."
Quote from the above-mentioned article worth restating -
"This fundraising enable the company to move to a revenue generation model through Texas, which in itself thereafter should provide a material incoming cash flow which can be re-invested in Georgia and Puntland helping to build the value of the company asset base."
Cheer up long term holders..
looking forward.., page-15
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