Surely a raise would be following a company-making announcement about the partnerships/offtake outcome, with Vinfast et al? From recent interviews sounds like December/January. Historically, it looks like recent CR's have been well-timed and minimized dilution. Does anyone have another take? I see no reason why that would not be the case given there is sufficient cash @ ~$24mn and liquid investments @ ~$15mn for another two quarters.
Of course, should the Vinfast deal not eventuate into a binding agreement, a cap raise will still be necessary for (presumably) one of the less capital-intensive strategies.
J
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Surely a raise would be following a company-making announcement...
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