The next big thing, page-73

Yes pos1963. That was a great post by jojo84 about the "potential". Could be a very exciting story for any new start up producer, especially with Lilac type process.
But, talking fundamentals. There is one fundamental that could cruel that potential in it's infancy. Funding vis a vis the SP.
The lower the SP goes the harder it gets for management to keep the ship going, if relying on SI placements (do they have any other options?) That development loan, or an off take agreement and pre-payment, or a J/V are now becoming critical.
What the current seller has been, and is still doing, is eroding the SP to such levels that getting ANY other type of funding will be either very expensive or requiring a much higher rate of dilution.
What is your opinion re what has been and is still going on with that "bot" for the last 5 weeks, coincidentally(?), since that last conversion, with the SP dropping another 15% in the process and still falling and many sales now going below the conversion price??!!

Am very interested to see what Grasti reports from the AGM.