Generally soph's get in the cap raise because they are getting shares at a discount that they can flip, rather than because they believe in the project.
I'm not suggesting they will have to raise, just that it is a concern. Every month that the construction report says they are on time and on budget gives more confidence. If they are continuing that mantra into the September update I will feel more at ease.
Generally soph's get in the cap raise because they are getting...
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