No unfortunately I don’t think this is the case. The statement regarding no further need to raise capital is only in reference to taking part in the joint venture activities in china not overall operations. The way it is written is a bit confusing. If I’ve missed something in another announcement though I’m happy to be proven wrong. So it seems its more of a matter of how much cash is left on hand and the burn rate. Revenue will eventually be realised from the joint venture arrangement but you would have to think this is some time off yet and as to what that will entail.... who knows they’ve never really put a ball park figure on it as far as i remember
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0.3¢ |
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0.000(0.00%) |
Mkt cap ! $6.543M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $3.668K | 1.137M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 34688881 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.4¢ | 34185751 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 34688881 | 0.003 |
51 | 101389103 | 0.002 |
21 | 100805000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 34185751 | 17 |
0.005 | 12743103 | 19 |
0.006 | 4706835 | 8 |
0.007 | 641000 | 1 |
0.009 | 700000 | 2 |
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