They must be doomed shortly. Share price down at 8c and counting. They have probably burned close to half the last cap raising (1.5m), so likely to be down below a million in cash at bank again.
So, what price the next cap raising????? How about 20,000,000 at 6c in July. Should be enough to get ?em through to the end of the year?.but ohhh the dilution, and then what? They still haven?t got a processing machine that works yet, let alone a market for the products.
PPY Price at posting:
8.0¢ Sentiment: Sell Disclosure: Not Held
