HTE hitec energy limited

i'm a believer (or sucker-time will tell) I see no posts on this...

  1. 158 Posts.
    i'm a believer (or sucker-time will tell) I see no posts on this thread for 3 months, things seem to be moving slowly for HTE. I have read recent announcements and website etc and believe that Hitec has a great future. I understand (from the post before this one) that they are going to require another $60 million to get into production. Is this figure accurate? At 5 cents a share that's 1.2 Billion shares that needs to be issued. Looks like a massive share holder dilution. EVM are in the same boat - technology looks great but with a market cap of about $10 Million- how are they going to raise $800 to build their solar generator? I am sure that there are lots of people out there that know lots more than me- what do you think? I only have a modest holding but am thinking of accumulating more over the next few months.

    M
 
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