Mulligan 1. I think the original plan was to raise $25m. This gets them close. While the letter from EXIM is great it might be some time before it finalised (bureaucracies), therefore bridging the gap between the two. 2. They want to do a victory lap when they have MC producing. Lewis can spruik all he likes, but he still has to deliver. There is an old saying, don't start pissing until you have got your d*#k out. 3. $30k was the maximum for the SPP for everyone. Most of the board did. 4. TMG - no I haven't seen one, but you don't have to be a Rhodes scholar to work out its a good deal when you consider building a plant would cost $50m+ AND we can add further value to our product.
EQR Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
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