why would you buy shares? or hold for that matter?
IF your company wont release its economics?
The argument for Commercial in confidence to negotiate off-take is invalid imo, and its effect on the sp is starting to take its toll.
Banks wont lend them money, on a new technology.
They will need to raise the money, how?
The best arrangement would be for an off take partner to invest equity at a premium. But i dont think management have any leverage to do so.
What they need to do, is a BRR interview, to settle investor nerves then, on just how they plan to raise the capital, and, pull their finger out and release the opex.
This, "we wont tell our opex incase you talk us down" is sandpit, kindergarten mentality. And shows nothing but weakness.
Grow a pair.
AKA Price at posting:
8.0¢ Sentiment: None Disclosure: Not Held
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