I think everyone was shattered when they announced the 1 for 1 at 1c. It seemed like giving stock away. However if it means ensuring survival and allows all shareholders to participate in the dilution then relatively speaking you are not really worse off, you just have to come up with cash.
The Japanese guy is coming out to see Skardon again this month and I'm confident he will sign up and make a commitment to the 5,500t/mth order. The shipping logistics should have been sorted out by now.
Don't lose heart with MSC, once this is done its up, up and away for MSC. Based on the rights price this is a 70 bagger by the end of next year.
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