Ousia-There's a Sixth Scenario to further funding and that's...

Ousia-
There's a Sixth Scenario to further funding and that's another Income stream coming from another JV partner.In Italy application to Glass,Architectural opague Glass Panels and also Sony or perhaps a Korean Appliance Maker.

These are two avenues announced as getting into the field,buying Muck.

but I agree DYE is shaping to have to raise Capital during this year,at least on the latest Qtrly Paper figures.

However I don't think the $2mil cash burn can be determined yet because the December Qtr took in Factory Setup Expenses that are perhaps non-recurring.
It's a pity that Other Working Capital expense was not more detailed.
It's a pity we won't be able to tell IF Dave Gellbaum is selling more til he sells some 1.2million[1% of Total Shares]requiring a Sub Change Notice.

but because there is a Limited,Relatively Small Number of shares in total issued [120million]there is room to dilute by Issuing more at some time in the future.Probably by a ShareHolders Rights Issue assuming Dave will participate.

One would think/hope that DYE could also attract Investment by a Green/Ethical Fund taking a Substantial 5%+ Position but the criteria such funds seem to apply appears,to me,Flawed.

I certainly hope to be "out of it" IF your Net Asset Value,Ousia looms on my screen.

cheers.