re: reply to topspec If you read today's announcement, they raised another $1.96m in the second half of the placement. It's in the bank, they now have over $5m in the bank.
As for the up coming Capex, don't you think the company would be aware of the dilutionary effect funding capital from shareholders has!
I can tell you that they are well aware and will use the most appropriate method of raising cash for capex that then gives the best shareholder returns.
They are on top of it. I can't see a capital raising for quite some time, if you think about it, we hope the next lot of funding is for plant, most times this could mean debt financing but can't be totally sure that this is the way that they will go.
I think you can trust CdChi1, keep reading his posts. I can assure you he has been accumulating this stock at all prices right up to the current price.
One to watch.
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